Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/money/article/a603431
New campaign pushes code of conduct for financial services
Shane Mullins is hoping that his Question of Trust campaign can build confidence in the wake of decades of scandals.
by Michelle McGagh on Jul 10, 2012 at 15:01
Professor Christine Ennew of the Financial Services Research Centre said: 'People aren't saving sufficiently for the future. Part of that is because there's a breakdown I trust.
'They don't trust the products. They don't trust the companies that promote the products. They don't trust savings actually being a good thing. Consumers are reluctant to use the services they don't have trust in.
'Our starting point has to be to ensure that the industry and the organisations within it understand the nature and significance of trust. The financial services is one of Britain's great access stories. However, parts of the industry have been responsible for some of the biggest scandals in business history. It is for the whole industry to first, accept that is the case and, second, do something about it.'
More about this:
More from us
Weekly email from The Lolly
Get simple, easy ways to make more from your money. Just enter your email address below
An error occured while subscribing your email. Please try again later.
Thank you for registering for your weekly newsletter from The Lolly.
Keep an eye out for us in your inbox, and please add email@example.com to your safe senders list so we don't get junked.
Latest from Investment Basics
by Daniel Grote on Sep 09, 2016 at 14:57