“Consumers see online channels as a starting point for financial advice, but believe that online services lack the professionalism, expertise or authority associated with IFAs or bank-based advice services.”
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Overview
Overview
This report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.
Introduction
Executive Summary
Issues in the Market
Trend Application
Market
Market
Mintel provides a range of market information across categories including: forecasting and share information; internal and broader market environment information; and the issues that affect the market in question.
Regulatory Context
Economic and Demographic Context
Consumer
Consumer
Mintel conducts exclusive and original consumer research for reports, bringing up-to-date and unique insight to topical issues. This research examines the impact of social, economic, cultural and psychological influences on consumers.
Consumer Sentiment
Financial Product Ownership and Value of Investible Assets
Sources of Financial Advice
Advice Channel Preferences by Product
Consumer Perceptions of Different Sources of Advice
Consumer Awareness of the RDR Changes
Attitudes Towards Financial Advice and the RDR
Financial Advice – Consumer Preferences
Financial Advice and RDR Target Groups
Data
Data
Reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
Appendix – Financial Product Ownership and Value of Investible Assets
Appendix – Sources of Financial Advice
Appendix – Consumer Awareness of the RDR Changes
Appendix – Attitudes Towards Financial Advice and the RDR
Appendix – Financial Advice – Consumer Preferences
Appendix – Target Groups
14th February 2014
"One year on from the official introduction of the RDR, the advice market has seen a continuous exit of bank and building society advisers, leading to a significant drop in availability of financial advice to the mass-market.” 
14th June 2013
“Sales of annuities increased sharply in 2012 with enhanced annuity sales increasing by 50% to reach £4.51 billion. Baby boomers looking to maximise their retirement income have driven this growth in sales. With enhanced annuities offering markedly better rates than the standard alternative, is this once niche product ...
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Does the ‘independent advice’ label matter post-RDR?
