At a Social Market Foundation event on Monday 9th Feb, Rt. Stephen Timms MP, Financial Scretary to HM Treasury welcomed the Social Market Foundation's work on behavioural change in the Creatures of Habit report and our continued discussion of financial advice. The event, entitled 'Consumer Behaviour in the Financial Services Sector' and supported by AEGON, also featured contributions from Francis McGee of AEGON, Martin Lewis of MoneySavingExpert.com, Lord David Lipsey who is Chair of SMF and Greg Davies of Barclays Wealth. Following the speeches there was a lively discussion chaired by Ian Mulheirn, Director of SMF, with questions from the large audience of key stakeholders.
If you would like more information about this or other SMF events please contact Will Hoyles on 020 7227 4412 or whoyles@smf.co.uk
Press Coverage of the event can be found below:
FT Advisor - Wider access needed to counter mistrust in financial advice
CityWire - Aegon: Government must widen access to financial advice
Money Marketing - Lipsey slams "dangerous imbalance" in consumer representation
IFAonline - FSA not taking access to advice seriously - Aegon
FT Advisor - Sector bail out hurts consumer confidence
Pictures from the event:
l-r Francis McGee, Rt. Hon. Stephen Timms MP, Ian Mulheirn, Martin Lewis
Stephen Timms addresses the audience
Martin Lewis shares his views on the importance of simple advice
Social Market Foundation Chair Lord David Lipsey responds to an audience question