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Submission to HM Treasury Review of Solvency II consultation

Post Brexit, the government is set on reforming a critical piece of EU financial regulation called Solvency II. This is designed to protect consumers by making sure that insurance companies hold a cushion of assets to be able to withstand … Continue reading

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HM Government: Update to the Green Finance Strategy – Call for Evidence

The UK government has recently issued a Call for Evidence to support the update of its Green Finance Strategy. The strategy has three objectives: Greening finance by supporting the financial services sector to align with the UK’s net zero commitment, … Continue reading

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The FCA’s new Consumer Duty proposals

The Financial Inclusion Centre has submitted its response to the Financial Conduct Authority’s important consultation paper CP21/36 on proposals for a new Consumer Duty for the financial services industry. Our response can be found here: Financial Inclusion Centre Submission FCA … Continue reading

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Marlene Sheils OBE joins board of The Financial Inclusion Centre

For Immediate Release 1st September 2021 PRESS RELEASE Marlene Sheils OBE joins board of The Financial Inclusion Centre The Financial Inclusion Centre announces today that one of the best known and most respected figures in the UK credit union and … Continue reading

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A new Consumer Duty proposed by the Financial Conduct Authority

The Financial Conduct Authority (FCA) is proposing to introduce a new consumer duty that would set clearer and higher expectations for financial firms’ standards of care towards consumers. Financial Inclusion Centre (FIC) recently submitted its views to the consultation paper CP21/13: … Continue reading

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Local Welfare Assistance Schemes in London – an evaluation framework

As well as undertaking research and policy development on financial exclusion and its causes, The Financial Inclusion Centre (FIC) has a strong track record in providing robust, independent evaluation of interventions. This new research provides an assessment of the feasibility … Continue reading

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Building financial resilience: Workplace Payroll Savings Schemes

Today (11th February 2021) the Financial Inclusion Centre publishes a new research report called Getting Workforces Saving: Payroll Schemes with Credit Unions. The report contains the findings from a two year project funded by the Money and Pensions Service (MaPS) … Continue reading

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Consumer Rights in the Private Rented Sector

The Smith Institute has published a new report, entitled Consumer Rights in the Private Rented Sector (PRS), sponsored by the Wates Family Enterprise Trust. The Financial Inclusion Centre undertook the ground-breaking research and analysis and drafted the report. The report … Continue reading

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Dealing with the immediate and long term financial impacts of Covid19

Today (18th May 2020), The Financial Inclusion Centre publishes a set of proposals to deal with the immediate and longer term financial impacts of the Covid19 pandemic. The report can be found here: FIC Covid19 Impacts May 2020 The pandemic has … Continue reading

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FCA temporary proposals to protect consumers affected by Covid19

Today, 6th April 2020, The Financial Inclusion Centre publishes its response to the FCA’s consultation: Proposals for temporary financial relief for customers impacted by Coronavirus. We very much welcome the FCA’s intention to extend protections available to mortgage customers to … Continue reading

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