Citizens' Financial Futures

Regulation of Retail Investment Financial Services in Britain

Nonfiction, Social & Cultural Studies, Social Science, Sociology
Cover of the book Citizens' Financial Futures by Michael Clarke, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Michael Clarke ISBN: 9780429873638
Publisher: Taylor and Francis Publication: December 17, 2018
Imprint: Routledge Language: English
Author: Michael Clarke
ISBN: 9780429873638
Publisher: Taylor and Francis
Publication: December 17, 2018
Imprint: Routledge
Language: English

Published in 1999, this is a review of recent changes in the regulation of retail financial investment services and products, notably the creation of the Personal Investment Authority and the continuing roles of the Office of Fair Trading and the Securities and Investments Board. The attempt to establish new regulatory standards in the wake of the personal pensions mis-selling and other scandals is critically appraised in the light of evidence of the needs and capacities of citizens. The book concludes, firstly that the regulators have not succeeded in making more than a limited progress in preventing the tendencies of the industry to abuse the public, and secondly, that the model of regulatory effectiveness which they espouse, based on creating a competitive market of informed decision-makers, is inappropriate given the complexity of the products in question. No systematic appraisal of the development of retail financial services regulation exists, other than those conducted by the regulators themselves.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Published in 1999, this is a review of recent changes in the regulation of retail financial investment services and products, notably the creation of the Personal Investment Authority and the continuing roles of the Office of Fair Trading and the Securities and Investments Board. The attempt to establish new regulatory standards in the wake of the personal pensions mis-selling and other scandals is critically appraised in the light of evidence of the needs and capacities of citizens. The book concludes, firstly that the regulators have not succeeded in making more than a limited progress in preventing the tendencies of the industry to abuse the public, and secondly, that the model of regulatory effectiveness which they espouse, based on creating a competitive market of informed decision-makers, is inappropriate given the complexity of the products in question. No systematic appraisal of the development of retail financial services regulation exists, other than those conducted by the regulators themselves.

More books from Taylor and Francis

Cover of the book Egypt in the Twenty First Century by Michael Clarke
Cover of the book The Psychology of time by Michael Clarke
Cover of the book Modern Movement Heritage by Michael Clarke
Cover of the book Lost Goddesses by Michael Clarke
Cover of the book Enigmas of Agency by Michael Clarke
Cover of the book Adam Smith's Discourse by Michael Clarke
Cover of the book The Transformation of Security in the Asia/Pacific Region by Michael Clarke
Cover of the book The Routledge Handbook of Consciousness by Michael Clarke
Cover of the book The Hidden Role of Software in Educational Research by Michael Clarke
Cover of the book Coalescent Argumentation by Michael Clarke
Cover of the book Eudaimonic Ethics by Michael Clarke
Cover of the book British University Observatories 1772–1939 by Michael Clarke
Cover of the book Sex, Sexuality and Therapeutic Practice by Michael Clarke
Cover of the book Language and Superdiversity by Michael Clarke
Cover of the book Perspectives in Behavioral Medicine by Michael Clarke
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy