Reputation of financial advisers in the UAE deteriorates: MEIP report

The tenth edition of Middle East Investment Panorama (MEIP) was released today. The report includes findings from two separate surveys, conducted amongst both consumers and financial advisers. The survey found that almost one in four UAE residents perceive credit card issuers to be the least trusted of all financial providers, independent financial advisers were ranked 5th in this reputation survey. With covid-19 wreaking havoc on personal finances, credit cards' high interest rates undoubtedly drove this negative sentiment. While financial advisers occupied the same position when com...