Half of investors having problems comparing firms

Depolarisation

Almost half of all investors find it difficult to compare financial companies and advisers while abo...

Almost half of all investors find it difficult to compare financial companies and advisers while about the same number do not even attempt to do so before buying a product, according to FSA research. Furthermore, more than two- thirds of consumers believe financial companies and advisers should inform clients of how much they make from the sale of a product, with 52% saying this should be divulged at the start of the sales process. Only 21% believe it unnecessary to be furnished with this information. The research, commissioned by the FSA to help sculpt the shape of its menu proposals, wa...