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Consumer Panel appoints two new members

The Financial Services Consumer Panel has appointed senior visiting fellow of the pensions institute at Cass Business School Debbie Harrison and former personal finance editor at The Scotsman Jeff Salway as members.

Harrison and Salway will join the panel on 1 September.

Consumer Panel Chair Adam Phillips says: “It is my pleasure to welcome to the panel two outstanding individuals with distinguished backgrounds.

“Debbie Harrison has substantial expertise in pensions policy and will be of great value to the panel with its work on retirement income. Jeff Salway has a wealth of experience of personal finance which will bolster our scrutiny of the new Financial Conduct Authority’s approach to regulation.”

“We will miss Stephen Crampton whose term on the panel has come to an end. Since joining in September 2006 he has played an important role in shaping our EU policy work.”


Mark Mobius: Three things Greece must do to tackle deficit

Franklin Templeton emerging market specialist Mark Mobius says Greece does not necessarily need to raise taxes to tackle its deficit. Mobius says the Greek government has to make “some giant steps towards reform”, citing three areas for them to focus on. He says: “This means privatisation of state-owned enterprises that have been a drag on […]


Hornbuckle Mitchell abandons investment partner search

Hornbuckle Mitchell has abandoned its search for a strategic investment partner and will remain as an independent pension administrator. In June last year, Money Marketing revealed the Sipp and SSAS provider was searching for a “strategic partner” to inject capital in the business due to concerns that increased FSA capital requirements could stall the company’s […]

Chris Hannant MM blog

Chris Hannant: FSA research shows its FSCS proposals are flawed

It is a sad and extremely worrying fact that the FSA’s proposals for the funding review of the FSCS are ill thought out. It is widely accepted that FSCS funding needs to be looked at. If it’s not put on an affordable and sustainable long-term footing, it will continue to cause uncertainty for, and damage […]

Cable pushes ‘challenger bank’ role in solving SME finance drought

“Challenger” banks such as Aldermore and the Co-operative Bank could play an important role in the Government’s plans to get credit flowing to small businesses. Business secretary Vince Cable will today set out a series of economic strategies to support sectors like advanced manufacturing, the digital economy and how to ensure small businesses have access […]

Time to stop the salami slicing on tax relief

Steve Webb  – Director of Policy and External Communications As the Autumn Statement approaches, Steve Webb calls for the Government to stop tinkering with tax relief. Twice a year, in the run-up to the Spring Budget and the Autumn Statement, we face a torrent of speculation as to what changes the Chancellor might make to […]


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