financial planning, trust, trust in financial planning
Q. How much trust do you have in financial planners to give you independent and appropriate advice?
|
Total |
|
Vote Labor |
Vote Lib/Nat |
Vote Greens |
Vote Other |
|
Received financial advice |
|
| Total lot/some trust |
37% |
38% |
41% |
34% |
25% |
63% |
||
| Total little/no trust |
49% |
44% |
50% |
51% |
67% |
35% |
||
| A lot of trust |
8% |
6% |
14% |
1% |
3% |
19% |
||
| Some trust |
29% |
32% |
27% |
33% |
22% |
44% |
||
| Little trust |
29% |
24% |
31% |
38% |
34% |
24% |
||
| No trust at all |
20% |
20% |
19% |
13% |
33% |
11% |
||
| Don’t know |
15% |
18% |
10% |
15% |
8% |
2% |
37% say they have a lot or some trust in financial planners to give independent and appropriate advice and 49% have little or no trust.
Of those who have received financial advice or used a planner, 63% have a lot/some trust and 35% have little/no trust in financial planners.
For those on higher incomes (over $1,600pw), 40% have a lot/some trust and 51% little/no trust.