One in ten UK adults do not trust financial advisers

The report, ‘State of Flux', also showed that over a fifth (23%) said they would not seek finance advice, even if it was free. Additionally, less than half (45%) have never seen a financial adviser. Over one in five (21%) who are not engaged with advice, said they believe they do not have enough wealth to warrant seeing an adviser. Two additional indicative reasons to do with perception of advice are ‘not trusting financial advisers' (11%) and ‘being afraid of pushy sales techniques' (9%). Despite this, those that see an adviser on an ongoing basis attach a great deal of value to thei...