financial services consumer panel

Too many regulatory requirements around what charges need to be disclosed on investment and savings products make it difficult for advisers to assess and compare the cost of products, Financial Conduct Authority (FCA) technical specialist Rory Percival...

Chair of the Financial Services Consumer Panel (FSCP) Sue Lewis has told MPs she expects the emergence of "a lot of toxic products" in the retirement sector following the announcement of new pension freedoms in the Budget.

What does the industry want from the FCA annuity paper?

The Financial Conduct Authority (FCA) consumer panel has appointed three new members, including a BBC journalist and former Treasury adviser, following the departures of Dan Plant and Frances Harrison at the end of December.

Sue Lewis has been appointed chairman of the independent Financial Services Consumer Panel and will take up the post on 1 July.

The Financial Services Consumer Panel (FSCP), which is set up to represent consumers in the financial sector, is advertising for a new chairperson with an annual salary of £60,000.

The Financial Services Consumer Panel has called for the new Financial Conduct Authority (FCA) to be given full responsibility for the regulation of retail financial services, including consumer credit.

Proposals for ‘simple' products have raised the question: Is there a danger that, with basic solutions available, consumers with complex financial needs may bypass the advice channel?

Pension professionals, advisers, businesses and consumer groups have responded to a Work and Pensions Committee (WPC) inquiry into auto-enrolment and the National Employment Savings Trust.

Consumers who want or would benefit from buying a financial product must have access to a range of simple plans which "do what they say on the tin", the Financial Services Consumer Panel (FSCP) said today.