David Worsfold.

The government's recent campaign to tackle financial exclusion has implications for all areas of financial services. Insurers must get to grips with this issue.

One issue that is pushing its way relentlessly up the political
agenda is financial exclusion.


So far, it has received little media exposure, although this will probably
change in the second half of the year as the government steps up its
campaign to extend the reach of financial services to less well-off
communities.


This has been spearheaded by Patricia Hewitt, economic secretary to the
Treasury.


She has been visiting inner city communities, gathering information about
the problems they face in

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Lords Committee ‘unconvinced’ on FCA name and shame proposal

The House of Lords Financial Services Regulation Committee is unconvinced on the FCA’s name and shame plans as it branded the consultation an “abject failure” and urged if concerns have not been addressed in the regulator’s second consultation the proposals should not go ahead.

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