Adviser honesty has been ranked the most important consideration for consumers, a new survey has found.

Millions of consumers are clueless about where to find financial advice although growing numbers want financial help with their savings and retirement plans.

New data from the Association of British Insurers has revealed “alarming” numbers of pension savers entering retirement and pensions drawdown without taking any financial advice.

A new report out today suggests that 6 million people would seek financial advice if it were cheaper.