The Fairer Finance podcast

In this week's episode, we take a look at the detail behind the FCA's motor finance redress scheme. With up to £7.5bn of compensation due to be paid out to customers, it's the biggest mass redress scheme since PPI. We discuss some of the complex decisions the regulator had to make in deciding how much customers were owed - as well as what the scheme tells us about the FCA's current direction of travel. 
In the second half of the show, we discuss the FCA's recent Open Finance roadmap. While Open Banking has been slow to develop, the regulator is keen to see the concept extended to other parts of the financial services industry. We discuss what's in the new plans and what the possibilities might be as Open Finance develops.
Finally, we touch briefly on the Government's recent paper into investment risk warnings.  
Email us your questions and suggested topics for discussion to [email protected]

In this week's episode, we take a look at the latest detail from the Treasury and FCA around the reform of the Financial Ombudsman Service. The Treasury has confirmed it plans to impose a 10-year time bar on complaints, as well as give itself new powers to hire and fire the chair and chief Ombudsman of the FOS. It is also considering whether to exclude the Consumer Duty and other principles from FOS decisions. 
In the second half of the show, we discuss the FCA's proposals to introduce a new tier of financial advice - simplified advice. 
Email us your questions and suggested topics for discussion to [email protected]

In this week's episode, we take a look at the first of the FCA's new regulatory priority updates - which it plans to publish in each sector once a year. The first three to go live are insurance, consumer investments and pensions. We discuss what's in the documents - and whether these new publications will materially reduce the burden for industry compliance teams.
In the second half of the show, we discuss the latest developments in the financial inclusion space. It's four months since the Government published its financial inclusion strategy, and over the last few weeks, the Treasury Select Committee has been scrutinising it with a new inquiry. We discuss what's been happening in the hearings and what the final report might mean for the Government's direction of travel in financial inclusion. 
Email us your questions and suggested topics for discussion to [email protected]

In this week's episode, we start with a discussion about the FCA's latest proposals for the Credit Information market. These are the final stages of a market review that began almost seven years ago. We dive into the detail.
In the second half of the show, we take a look at the draft Buy Now Pay Later rules which are due to come into force in July. With Consumer Credit Act reform continuing to move at snail's pace, the BNPL rules - with a lighter touch on disclosure - may be an indication of what's to come for the rest of the sector. 
Email us your questions and suggested topics for discussion to [email protected]

In this special edition of the Fairer Finance podcast, we're delighted to be joined by chief executive of the Financial Conduct Authority, Nikhil Rathi.
We have a wide ranging conversation with Nikhil, covering everything from the FCA's changing approach to rule-making and enforcement, through to its relationship with Treasury and the forthcoming motor finance redress scheme.

Email us your questions and suggested topics for discussion to [email protected]