What 60,000 people reveal about trust in regulated industries

Why trust is moving away from the official channels and what you can do about it. The year's biggest trust studies just agreed on something that should change how every regulated industry thinks about visibility. Here is the quick read, and what it means for you.

What the press release was built for, and what it wasn't

For a long time, the corporate communications model worked because the environment rewarded it. One approved message, released at one moment, shaped the coverage that followed. Control was the strategy, and control was enough.

That world is gone. Press releases still matter for disclosures, filings and formal announcements. But they have stopped doing the one thing leaders actually need them to do. They inform. They do not influence.

Part of the reason is structural. Trust in traditional media has been falling for years, and the institutional voice falls with it. In the 2026 Edelman Trust Barometer, the largest of these studies at nearly 34,000 people across 28 countries, trust in major news organisations dropped 11 points among those who said recent events had shaken their confidence in institutions. Nielsen's long-running Global Trust in Advertising research tells a similar story from the other side. Recommendations from people consistently rank as the most trusted source of information, with around nine in ten consumers trusting them above any form of advertising. In its most recent edition, tobacco advertising ranked as the least trusted category of all.

Read that last point slowly if you work in a contested sector. The official, paid, polished channel is not just less effective than a credible human voice. In the categories that face the most scrutiny, it is actively distrusted. You can spend more on it and move the needle less.

Trust has moved closer to home

Here is the shift that should reframe how every regulated company thinks about visibility.

The same 2026 Edelman study found that trust is no longer flowing toward institutions. It is flowing toward individuals. While trust in national government leaders fell 16 points and trust in major news organisations fell 11, trust rose for the voices closest to people. Coworkers gained 11 points. Neighbours, family and friends gained 11. And among employees, trust in "my CEO" rose 9 points.

Edelman describes this as trust shifting from "we" to "me." People are retreating into smaller, closer circles of belief. The institution, as a category, is losing the benefit of the doubt. The credible individual is gaining it.

The study also found that 73 to 75% of people now say CEOs are obligated to help bridge trust and build it actively, yet only 44% believe leaders are doing this well. That 29-point gap is not a criticism. It is an opening. The expectation to lead with a visible, human voice has never been higher, and most leaders are not yet meeting it. The ones who do stand out by a wide margin.

Why regulated industries feel this most

Every company is affected by this shift. Regulated companies feel it twice.

In pharmaceuticals, finance, energy and tobacco, the corporate channel is wrapped in legal review, advertising restrictions and multi-level approval that strips urgency and authenticity out of anything it touches. By the time a statement clears, the moment has often passed. The very controls designed to protect the company are the controls that make its official voice slow, cautious and easy to discount.

But the regulations almost never restrict a leader from sharing professional perspective on where the industry is heading, honest reflection on the challenges the sector faces, or thoughtful analysis of how the rules themselves are evolving. They restrict specific claims, promises and marketing. They do not restrict thinking out loud, intelligently, within clear boundaries.

So there is an asymmetry sitting in plain sight. The channel that is most restricted, the corporate one, is also the one audiences trust least. The channel that is least restricted, the individual leader, is the one audiences trust most. Most companies in regulated sectors are pouring effort into the first and leaving the second almost entirely untouched.

That is not a compliance problem. It is a missed opportunity wearing a compliance costume.

"But we're too busy, and the timing's never right"

This is the real objection, and it deserves a real answer rather than a slogan.

When a critical file is consuming the team, pausing the personal-brand side feels like good prioritisation. The trouble is that visibility does not work like a campaign you can switch on when things calm down. It works like compounding. One post changes nothing. A consistent, thoughtful presence over months builds recognition that opens doors a single announcement never could. Stop and start, and you are always rebuilding from cold.

Which means the busy, high-pressure periods are not the time to go quiet. They are the time the steady human voice does its most important work, holding presence and credibility while the official machine is occupied elsewhere. The leaders who stay visible through the hard stretches are the ones audiences come to trust, precisely because they did not disappear when it got difficult.

The practical fix is not more pressure on already-stretched executives. It is a system that keeps the personal voice consistent and planned far enough ahead that a regulatory crunch does not knock it offline. Done properly, an executive spends almost no time on it, and the presence never goes dark.

It changes who picks up the phone

None of this would matter if visibility were only a vanity exercise. It is not. It moves the things leaders actually care about.

In Edelman and LinkedIn's B2B Thought Leadership Impact Report, the largest ongoing study of how thought leadership shapes buying behaviour, 75% of buyers and senior executives said a specific piece of thought leadership led them to research a product or service they had not previously been considering. Earlier editions found that 63% of buyers say strong thought leadership proves an organisation genuinely understands their problem, and that it is one of the most effective ways to reach topics the news media rarely cover.

The 2025 edition adds a finding built for anyone in corporate affairs, legal or communications. It identified the "hidden buyers," the people in finance, legal, compliance and procurement who never sign the contract but quietly shape whether deals and decisions move forward. More than 40% of deals stall on internal misalignment among exactly these people. And 95% of them said strong thought leadership makes them more receptive. The voices that decide whether something happens behind the scenes are influenced by visible, credible expertise more than almost anyone else.

There is a talent dimension too. Half of decision-makers in the same research said thought leadership is effective for attracting the best people. Top candidates research leadership before they apply. When they find silence, they fill the gap with assumptions, and those assumptions rarely favour a company in a contested sector. When they find leaders who clearly understand their field and are confident enough to say so in public, they see a place worth joining.

And soon, who the machines recommend

There is one more shift worth naming, because it is moving quickly.

When someone now asks an AI assistant who the credible voices are in pharmaceutical transformation, or which leaders to follow on the future of financial regulation, the system does not check who is officially approved. It looks for patterns of consistent, substantive, visible contribution. Leaders who have built that presence get surfaced, cited and recommended. Leaders who have stayed quiet do not appear at all. Not rejected, simply absent.

The credibility signals being built today are the ones these systems will amplify tomorrow. Distribution itself already rewards the individual: on LinkedIn, content from personal profiles consistently outperforms company pages, with personal-profile engagement running around a 4.7% median against roughly 1 to 2% for brand pages, according to Sprout Social's 2026 index. The human voice travels further, and the machines are learning to follow it.

What this looks like in practice

The shape of it is simple. A leader with genuine perspective, a clear set of topics that sit safely inside the lines, and a consistent rhythm that does not depend on them finding spare time they do not have.

The results follow faster than most expect. One executive we partner with in a regulated industry went from a near-silent presence to more than 56,000 impressions in roughly two months, with steady engagement on every post, all from a standing start. No advertising spend. No claims that needed legal gymnastics. Just a credible person, showing up consistently, saying things worth reading.

That is the whole point. The trust regulated companies need, from regulators, talent, partners and the public, gets built through credible human voices far more reliably than through corporate channels. Not because those voices dodge scrutiny, but because they invite it from a position of confidence rather than deflecting it from a position of defence.

The choice underneath all of it

In the end this comes down to a decision that has to be made at the top.

Staying visible in a contested sector takes a certain kind of courage. Not recklessness, and not disregard for the rules, but a willingness to be present and human in public when silence would feel safer. When leaders choose that, the organisation reads it as confidence. When they stay hidden, the organisation reads that too.

The companies that thrive in regulated industries over the next decade will not be the ones with the cleanest press releases. They will be the ones whose leaders had the nerve to be visible, consistent and genuinely themselves, inside the boundaries rather than hiding behind them.

Because silence does not protect a reputation anymore. It just guarantees that nobody hears your side of the story.

Learn more about Ripple™

If this resonated, this is exactly what we build. Ripple™ helps leaders in regulated industries turn perspective into presence, without adding to their workload. We capture the voice, handle the writing, planning and publishing, and keep the rhythm consistent through the busy stretches when it matters most. Discover our personal brand management system for executives who want lasting visibility without the time cost, see how we activate entire leadership teams with corporate visibility at scale, or read more in our News and Insights.

At Ripple™, we turn leadership into leverage through personal branding, visibility systems, and storytelling that travels further.

To explore how we can help, get in touch at joost@majortale.com.

Sources: 2026 Edelman Trust Barometer (33,938 respondents, 28 countries, fielded October to November 2025); Edelman and LinkedIn B2B Thought Leadership Impact Report, 2021, 2024 and 2025 editions; Nielsen Global Trust in Advertising; Sprout Social 2026 Index.

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