On Tuesday 3 December, Aries attended this Transparency Task Force (TTF) event, hosted by Mayer Brown and sponsored by Cairn Consulting, Switchfoot Teams, and the Pension Scams Industry Group.

Andy Agathangelou began by explaining a bit about the organisation he founded. In a nutshell, the TTF is:

"an international movement of good people that want the financial

services sector to be more transparent, truthful and trustworthy."

Mr Agathangelou argued that "the financial ecosystem is profoundly important to the wellbeing of society, the global economy and political stability." Unfortunately, in a recent study by Edelman (the world's biggest PR firm), Financial Services was voted the least trusted sector, just behind Consumer Packaged Goods, Energy, and Fashion. This is the sad result of multiple failures, including hidden costs,

short-termism, mis-selling, and scams. TTF's mission is therefore:

"to help protect consumers' financial interests by reforming financial services, so the public get a better deal; and trustworthiness and confidence can be restored."

They have a 13 point plan to address these issues: . . .

05 Dec 2019   Check other news items