The Fairer Finance podcast

• How is AI changing financial services/House of Lords Regulation Committee/FCA Value measures data

  In this week's episode, we look at how AI is being used in financial services and how it might involve in future. We follow the recent discussion between MPs and financial regulators on the topic in the House of Commons and talk about some of the risks as well as the opportunities. Staying in Westminster, we take a brief look at the House of Lords Financial Regulation Committee - and its recent inquiry into Car Finance, where many of the members appeared to have conflicts of interest.And finally, in the second half of the show, we look at the latest FCA Value Measures data. Claims paid as a percentage of premiums are falling in most sectors. But not in GAP insurance, where insurers are now paying out more than they're taking in. We delve into the detail of the numbers and discuss what they might mean. Email us your questions and suggested topics for discussion to [email protected]

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• FCA consumer duty update/Motor finance compensation scheme

  In this week's episode, we discuss the detail behind the FCA's proposed motor finance redress scheme. While millions of consumers could be in line for compensation, some consumers are unhappy with the design of the scheme.In the second half of the show, we look at the FCA's latest consumer duty updates, and it's work plan for the year ahead. With Buy Now Pay Later being brought into FCA regulation and the Consumer Credit Act under review - the FCA is kickstarting a review of its credit disclosure rules. We discuss what changes we might see, and also talk about Nikhil Rathi's recent letter to the Chancellor and what he meant by the phrase "rebalancing risk".   Email us your questions and suggested topics for discussion to [email protected]

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• Which? insurance super-complaint/FCA consultation on crypto-currency

  In this week's episode, we start with a look at Which?'s super-complaint into the home and travel insurance markets. Fairer Finance supported Which? with its analysis, and shares its concerns. But it's likely to have gone down like a lead balloon at the FCA, where resources are stretched and management are being told to focus on the Treasury's pro-growth, deregulation agenda.In the second half of the show, we look at the FCA's latest consultation into regulation of the crypto currency market. The regulator floats the idea of not applying the Consumer Duty to crypto currency markets. Is this the first signal that it is softening on its commitment to the Duty? Email us your questions and suggested topics for discussion to [email protected]

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• Trailer: The Fairer Finance Podcast

  What's the Fairer Finance podcast about and who is it for? Email us your questions and suggested topics for discussion to [email protected]

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• Supreme Court car finance ruling/New Economic Secretary/Look forward to Autumn 2025

  We're back from a summer break - starting season 2 with a look at the Supreme Court car finance ruling. We explore what it means for the industry and for consumers.In the second half of the show, we look back at the news stories from the past few weeks - including what the new Economic Secretary might mean for Government financial services policy. We also take a look forward to what's coming up over the Autumn and Winter. Email us your questions and suggested topics for discussion to [email protected]

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