Confidence in the traditional financial services industry has failed to recover since the global crash ten years ago, according to a survey of active UK investors.
It reveals that 55% trust the industry less today than before the crisis, while 64% believe the government has failed to secure their financial futures.
The research, carried out by Minerva Lending, also shows that 48% are concerned they will not have enough money to fund their preferred lifestyles, and 39% worry the government will not be able to take care of them in retirement.
"There is still a widespread disillusionment among active UK investors with the government and the traditional financial services industry," Minerva Lending director, Ross Andrews, said.
"With people living longer, it is more important than ever for people to have confidence in the financial services industry and any state support they are offered. Right now, this doesn't appear to be the case."
This comes a decade after Federal Reserve chairman, Ben Bernanke, sent the first major shockwaves through global markets by warning that sub-prime lending failures could cost $100bn (£77bn).
Global banks have been fined more than $321bn since then, with the number of individual regulatory changes more than tripling to an average of 200 revisions per day.
However, research from Duff & Phelps earlier this year revealed that just 10% of senior executives believe that regulation has fully removed the risk of another financial crash.
It shows that 35% of financial services professionals believe that regulation has done nothing or little to improve stability, while 17% think it has created instability.
"Even now, a decade on, most people in the financial services sector are not confident that the risks that caused the crisis have really been managed," Duff & Phelps compliance and regulatory consulting global head, Julian Korek, said.
"The fact that so many still think there is potential for another crash is worrying - even without Trump or Brexit potentially taking the market down a quite different regulatory path."