Activist Mark Bishop outlines why a more consumer-led approach to UK regulation would benefit financial services workers

Today’s guest outlines why consumer advocacy should matter to those working in financial services and how those in the sector who agree can best get their voices heard.

He details what he would like to change about the UK markets watchdog the Financial Conduct Authority and UK regulation in general. And he discusses why he believes a “derisory” compensation package has been offered to investors who fell victim to the failed fund run by former star stockpicker Neil Woodford.

Mark Bishop is a consumer activist. Since 2020, he has been volunteering for the Transparency Task Force, a consumer advocacy body, on strategy, campaigning and public policy matters. Since 2020, he has also served on the Secretariat of the All Parliamentary Party Group on Personal Banking and Fairer Financial Services.