This statistic displays the percentage of financial services companies involved in mis-selling of products and services or giving customers bad advice, according to adults in the United Kingdom (UK) in 2014. Nearly three fourth (74 percent) of respondents believed that more than half and up to all financial services companies were involved in mis-selling of products or provision of deliberately confusing advice in 2014.
United Kingdom: What percentage of financial services companies do you believe are involved in mis-selling of products and services or giving customers bad advice?
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Statistics on Ethical financial services in the United Kingdom
Ethical banks and investments
8
- Basic Statistic Public money investments in ethical funds in the United Kingdom (UK) 2000-2015
- Basic Statistic Sustainability themed investments SRIs in the UK 2011-2017
- Basic Statistic Best-in-class ethical investments in the United Kingdom 2011-2017
- Basic Statistic Socially responsible investment (SRI) strategies: market share in the UK 2013-2017
- Basic Statistic Opinion on the existence of ethical problems in the UK banking system in March 2013
- Basic Statistic UK survey: Opinion on banking sector ethics in March 2013
- Premium Statistic Share of financial firms acting in a transparent manner according to UK adults 2014
- Premium Statistic Share of financial firms offering too complex products according to UK adults 2014
Customer reactions to unethical financial services
7
- Premium Statistic Share of adults who would change financial service provider in the UK 2014, by reason
- Premium Statistic Means of exerting influence on ethical investment decisions in Great Britain 2014
- Premium Statistic Share of financial firms not understanding customer needs according to UK adults 2014
- Premium Statistic Consumers who changed their habits when financial firm behaved unethically UK 2014
- Premium Statistic Financial services company behavior envisioned by United Kingdom (UK) adults 2014
- Premium Statistic Willingness to pay more for ethical financial services by the UK companies in 2014
- Premium Statistic Importance of regulation and ownership of financial service firms for UK adults 2014
Misselling products and market manipulation
8
- Premium Statistic Views on financial services firms engaging in market manipulation UK adults 2014
- Premium Statistic Views on financial services firms engaging in transparent behavior in the UK 2014
- Premium Statistic Share of financial firms involved in market manipulation according to UK adults 2014
- Premium Statistic Share of financial firms mis-selling or giving bad advice according to UK adults 2014
- Premium Statistic Share of financial firms with understandable products according to UK adults 2014
- Premium Statistic Share of financial firms with high profit & bad customer care in the UK 2014
- Premium Statistic Share of financial firms rewarding poor performance according to UK adults 2014
- Premium Statistic Share of financial firms taking big risks according to UK adults 2014
Treatment of employees
7
- Premium Statistic Share of financial firms with staff pressure and bad management in the UK 2014
- Premium Statistic Working conditions as investment decision factor in Great Britain 2014
- Premium Statistic Customers awareness of financial firms they use paying employees a good wage UK 2014
- Premium Statistic Customers awareness of financial firms supporting employee work-life balance UK 2014
- Premium Statistic Views on financial firms paying employees a good wage according to the UK adults 2014
- Premium Statistic Views on financial firms providing training and pension support to employees UK 2014
- Premium Statistic Views on financial businesses supporting employee work-life balance in UK 2014
Inclusion policy and wider social impact
7
- Premium Statistic Share of financial firms excluding vulnerable groups from market in the UK in 2014
- Premium Statistic Customer awareness of financial firms support for diversity in the workplace UK 2014
- Premium Statistic Customer awareness of business community involvement and support in the UK 2014
- Premium Statistic Investment decision versus women representation in Great Britain 2014
- Premium Statistic Great Britain: willingness to switch from financial firm involved in social harm 2014
- Premium Statistic Views on financial companies committing to diversity in the workplace in UK 2014
- Premium Statistic Views on financial business community involvement and support in the UK 2014
Environmental issues
4
- Premium Statistic Environmental care as factor impacting investment decisions in Great Britain 2014
- Premium Statistic Views on financial businesses environmental friendliness in the UK 2014
- Premium Statistic Customer awareness of financial firms environmental attitudes in the UK 2014
- Premium Statistic Fossil fuel investment willingness among Great Britain adults as of October 2014
Further related statistics
15
- Views on financial firms offering simple products to diverse customers UK adults 2014
- HSBC ownership structure according to United Kingdom (UK) adults 2014
- Royal Bank of Scotland ownership structure according to UK adults 2014
- Ownership structure of Aviva according to UK adults 2014
- Lloyds Bank ownership structure according to UK adults in 2014
- Barclays ownership structure according to UK adults 2014
- Proportion of shareholders & members and customers of Royal Bank of Scotland UK 2014
- Proportion of shareholders or members and customers of Santander UK 2014
- Proportion of shareholders, members and customers of Barclays (UK) 2014
- Trust in private equity owned financial services firms by United Kigndom adults 2014
- European RI: asset managers of microfinance investment funds in 2014
- European responsible investing market: assets of Sharia-compliant funds 2010-2016
- BMW Financial Services profit after tax in India FY 2016-FY 2018
- China's Citic Group's annual revenue by business segment 2020
- Primary purposes of whistleblowing programs in the UK financial service industry 2016
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Statistics
- Views on financial firms offering simple products to diverse customers UK adults 2014
- HSBC ownership structure according to United Kingdom (UK) adults 2014
- Royal Bank of Scotland ownership structure according to UK adults 2014
- Ownership structure of Aviva according to UK adults 2014
- Lloyds Bank ownership structure according to UK adults in 2014
- Barclays ownership structure according to UK adults 2014
- Proportion of shareholders & members and customers of Royal Bank of Scotland UK 2014
- Proportion of shareholders or members and customers of Santander UK 2014
- Proportion of shareholders, members and customers of Barclays (UK) 2014
- Trust in private equity owned financial services firms by United Kigndom adults 2014
- European RI: asset managers of microfinance investment funds in 2014
- European responsible investing market: assets of Sharia-compliant funds 2010-2016
- BMW Financial Services profit after tax in India FY 2016-FY 2018
- China's Citic Group's annual revenue by business segment 2020
- Primary purposes of whistleblowing programs in the UK financial service industry 2016
Populus, & Social Market Foundation. (August 31, 2014). United Kingdom: What percentage of financial services companies do you believe are involved in mis-selling of products and services or giving customers bad advice? [Graph]. In Statista. Retrieved March 28, 2023, from https://www.statista.com/statistics/469442/united-kingdom-financial-services-mis-selling-or-giving-bad-advice-involvement/
Populus, und Social Market Foundation. "United Kingdom: What percentage of financial services companies do you believe are involved in mis-selling of products and services or giving customers bad advice?." Chart. August 31, 2014. Statista. Accessed March 28, 2023. https://www.statista.com/statistics/469442/united-kingdom-financial-services-mis-selling-or-giving-bad-advice-involvement/
Populus, Social Market Foundation. (2014). United Kingdom: What percentage of financial services companies do you believe are involved in mis-selling of products and services or giving customers bad advice?. Statista. Statista Inc.. Accessed: March 28, 2023. https://www.statista.com/statistics/469442/united-kingdom-financial-services-mis-selling-or-giving-bad-advice-involvement/
Populus, and Social Market Foundation. "United Kingdom: What Percentage of Financial Services Companies Do You Believe Are Involved in Mis-selling of Products and Services or Giving Customers Bad Advice?." Statista, Statista Inc., 31 Aug 2014, https://www.statista.com/statistics/469442/united-kingdom-financial-services-mis-selling-or-giving-bad-advice-involvement/
Populus & Social Market Foundation, United Kingdom: What percentage of financial services companies do you believe are involved in mis-selling of products and services or giving customers bad advice? Statista, https://www.statista.com/statistics/469442/united-kingdom-financial-services-mis-selling-or-giving-bad-advice-involvement/ (last visited March 28, 2023)
United Kingdom: What percentage of financial services companies do you believe are involved in mis-selling of products and services or giving customers bad advice? [Graph], Populus, & Social Market Foundation, August 31, 2014. [Online]. Available: https://www.statista.com/statistics/469442/united-kingdom-financial-services-mis-selling-or-giving-bad-advice-involvement/