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Which? names Consumer Champion 2009

Treasury Select Committee chairman John McFall was yesterday named Which? Consumer Champion 2009 at the House of Commons.

McFall, who is MP for West Dunbartonshire and has been chairman of the TSC since 2001, was awarded the title for his role in improving financial services for consumers.

In December 2009, McFall joined with Which? and politicians David Davis and Vince Cable to form the Future of Banking Commission, which aims to put the needs of ordinary people and wider society at the heart of a reformed banking system.

Which? chief executive Peter Vicary-Smith says: “Under John’s stewardship, the Treasury Select Committee has played an important role in holding banks to account over the financial crisis. In our view, this makes him a worthy winner of the Consumer Champion award for 2009.”

McFall adds: “I’m greatly honoured to be receiving this award, and my thanks go out to the members and staff of the Treasury Select Committee who have supported me in my work.

“This year has been dominated by the banking crisis, which has hit the ordinary person hard. It is crucial that we ensure that trust and confidence in the banking sector is restored. This can only be done by engaging with the public, and I will strive to continue along with Which? to see a fair deal is achieved for consumers.”

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Comments

There are 2 comments at the moment, we would love to hear your opinion too.

  1. McFall’s FSA employs two former Which? people and then he receives this ‘gong’, what a merry-go-round.. a ‘daisy chain’, an example of ‘networking’?

  2. Philip Meadowcroft 1st February 2010 at 3:32 pm

    McFall has done a good job pointing out and highlighting deficiencies in financial services – eg the Aviva/Norwich Union and the Prudential inherited estates fiascos. He rightly said that life insurers were diddling their policyholders. That’s a serious accusation. But the Treasury Select Committee has no executive powers and so the diddling and treating customers unfairly goes on right under the noses of the FSA and the Treasury and Parliament and none of them care a fig about or else they would have intervened.

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