Lansons Regulatory Consulting looks at the ‘protection gap’, with Ken Hogg, RSA and ex-FSA Director, and Richard Hobbs will look at progress on the Financial Services Bill at their next Forum on 29 November

One of the consequences of the financial crisis is that the fiscal pressure for governments around the world to rein in their welfare spending is increasing. At the same time, considering the UK, the evidence is clear that families do not sufficiently protect themselves against 'unfortunate events' (even one, let alone a series of them), while the probability of an impoverished retirement for many is increasing due to insufficient saving for the long term. In this session, Ken Hogg, ex director of the FSA and now back in the life industry with RGA, will explore whether industry, regulators and governments can work together productively in order for industry to help fill this gap in provision for the mass market.

Richard Hobbs, Head of Lansons Regulatory Consulting, will give a quick update on progress with pre-legislative scrutiny of the draft Financial Services Bill examining particularly whether there is much sign of the concerns expressed by Ken Hogg being recognised. Lansons’ Board Director Ralph Jackson will chair the event.