John Glen MP, the Economic Secretary to the Treasury and the minister responsible for the financial services industry, has urged firms to put plans in place to ensure men and women are equally represented at management level.
New research by consultancy Hymans Robertson shows that as many as 39% of consumers are now more likely to purchase protection insurance as a result of their Covid-19 experiences.
The Vulnerability Registration Service has revealed that more than two in five (41%) of vulnerable customers believe they have received poor treatment from a firm during the past 12 months. This covers consumers’ experiences across a wide range of firms, but financial services firms are most certainly responsible for much of the poor treatment.
The Government officially dropped its instruction to employees to work from home where possible on July 19. However, at the press conference to announce the end of most of the Covid-19 restrictions, the Prime Minister and the medical experts advised employers to allow a “gradual return”, with Boris Johnson saying:
John Glen MP, Economic Secretary to the Treasury, spoke to the City & Financial Global Women in Finance Summit on July 8 about the drive to get more women into senior positions within financial services firms.
Does your firm need advice with FCA regulation? Could you benefit from compliance support? If so, contact Scott Robert on 0161 914 5727.
In May 2021, UK consumers borrowed more in consumer credit than they paid off.
New research by Citizens Advice contradicts the widely perceived belief that the elderly are most at risk from scammers. The findings show that 9% of under 34s have fallen victim to a scam, compared to just 2% of over 55s.
Tim Farmer, Clinical Director and Co- Founder of Comentis, a cognitive search engine company, presented a webinar on customer vulnerability for qualifications provider the London Institute of Business Finance in June 2021.
The Information Commissioner’s Office has imposed more fines on firms found to have engaged in ‘nuisance marketing’.