Money Covered

Welcome to Money Covered, our one stop shop for all things financial service insurance. In this episode, Mel is once again joined by David Allinson to discuss the FCA’s proposed section 404 consumer redress scheme for vehicle finance, now the FCA has confirmed they will be going ahead with the scheme. We hope you enjoy this episode, please subscribe to stay up to date with the latest episode. Host...

In this episode, Mel is joined by David Allinson to discuss the FCA’s proposed section 404 consumer redress scheme for vehicle finance, focusing on discretionary commission arrangements, the scheme’s scope (regulated agreements from 2007 to November 2024), rebuttable presumptions of unfairness and loss, and an estimated £8.2bn in redress averaging about £700 per file. The conversation flags conten...

In this episode, Mel is joined by Kim Wright and Matt Watson to discuss Employment Practices Liability (EPL) insurance, its scope, and its intersection with Directors & Officers (D&O) insurance. The episode looks at key topics in this area such as the employment claims process, awards and settlements, common policy exclusions, and the overlap between EPL and D&O policies. The episode h...

In the latest episode of Money Covered, our host Melanie Redding, is joined by David Allinson and George Smith to discuss developments we expect to see in 2025 in relation to Financial Services and Accountants. We hope you enjoy this episode, please subscribe to stay up to date with the latest episodes   Hosted on Acast. See acast.com/privacy for more information.

In the latest episode of Money Covered, our host Melanie Redding, is joined by Matt Watson and Rachael Healey to discuss D&O and pension developments we expect to see in 2025. We hope you enjoy this episode, please subscribe to stay up to date with the latest episodes    Hosted on Acast. See acast.com/privacy for more information.

💬 " Systemic issues are sadly here to stay with us in the financial services world. " As the new year approaches, we’re excited to introduce the new host of our Money Covered podcast, Mel Redding! In this episode, new Money Covered host, Mel Redding, sits down with our financial institutions expert and RPC Partner David Allinson to explore the top 10 risks facing the financial sector as 2024 come...

In August's episode of Season 3, our host Ash Daniells is joined by Matt Watson, Kim Wright and Rachael Healey to discuss management liability risks, from a D&O, EPL and PTL perspective.   Hosted on Acast. See acast.com/privacy for more information.

In June's episode of Season 3, our host Ash Daniells is joined by David Allinson to discuss the FCA's Consumer Duty. It's been almost 12 months since its implementation and with the scope expanding, are we likely to see more enforcement from the FCA?  Hosted on Acast. See acast.com/privacy for more information.

In episode 2 of Season 3, our host Ash Daniells is joined by Rachael Healey, George Smith and Rob Morris to discuss what impact ESG and AI may have on the financial services sector, in particular Pensions and Accountants.  Hosted on Acast. See acast.com/privacy for more information.

In our first episode of Season 3, our host Ash Daniells is joined by David Allinson, Rachael Healey, Matt Watson, George Smith and Rob Morris to provide their predictions for 2024. The following topics are covered in this episode:   FCA's review of later-life income - David Allinson The rise of 'Superfunds' - Rachael Healey Impact on D&O claims of ESG - Matt Watson The potential for insol...

In our final episode of Season 2, our host Ash Daniells is joined by David Allinson, Rachael Healey, Matt Watson, George Smith and Rob Morris to provide a round up of the key developments that took place during 2023. The following topics are covered in this episode:   FCA's Consumer Duty - David Allinson Liability Driven Investments - Rachael Healey The ongoing impact of LLC v. Sequana and th...

In Season 2, Episode 6, our host Ash Daniells is joined by Rob Morris to discuss the Third Party (Rights Against Insurers) Act 2010. Recent County Court decisions suggest limitation involving this Act may not be as straightforward as previously thought. Ash and Rob provide a background to the Acts, why they were introduced and what these recent decisions may mean for claims against Insurers. ...

Welcome to Money Covered, a monthly podcast from RPC aimed at those dealing with complaints, claims and risk management in the financial services sector.   In Season 2, Episode 5, our host Ash Daniells is joined by David Allinson to discuss claims involving Equity Release products. Originally popular in the 1980's, find out why they're making a comeback, what the FCA's view is and our predict...

Welcome to Money Covered, a monthly podcast from RPC aimed at those dealing with complaints, claims and risk management in the financial services sector.   In Season 2, Episode 4, our host Ash Daniells is joined by Matt Watson to discuss recent developments relating to D&O claims. Recent case law appears to extend the scope of duty – but is it all bad news? Hosted on Acast. See acast.com/...

Welcome to Money Covered, a monthly podcast from RPC aimed at those dealing with complaints, claims and risk management in the financial services sector.   In Season 2, Episode 3, our host Ash Daniells is joined by David Allinson to discuss pension drawdowns. Something that's long been available, but has become more popular in recent years – are problems likely to arise and is this the next b...

Welcome to Money Covered, a monthly podcast from RPC aimed at those dealing with complaints, claims and risk management in the financial services sector.   In Season 2, Episode 2, our host Ash Daniells is joined by Rachael Healey to discuss the FCA's new Consumer Duty of Care. Not due to be implemented until July 2023, the new scheme is already having a big impact on financial firms – and it...

Welcome to Money Covered, a monthly podcast from RPC aimed at those dealing with complaints, claims and risk management in the financial services sector.   We're back for a brand new series! In this episode, our host Ash Daniells is joined by Rachael Healey to navigate the hot topic of Liability Driven Investments (LDI). They hit the news after Liz Truss' mini budget last Autumn, but what are...

In Episode 14, Rachael Healey is joined by Anthony Cutler and James Parsons. Anthony takes listeners through the Public Accounts Committee's conclusions and recommendations following its investigation into the British Steel Pension Scheme and provides a general update on the s.404 consultation. James discusses the High Court decision in Fitzroy Street Capital Inc and Others v Lee Manning...

In Episode 13, Rachael Healey is joined by Cory Gilbert-Howarth and David Allinson. Cory distils the 200 page government's response to the white paper "Restoring trust in audit and corporate governance" including its impact on audit services and the audit market, together with its impact for directors. This includes the new 750:750 rule for public interest entities, new powers for ARGA i...

In Episode 12, Rachael Healey is joined by Zoe Melegari who discusses the FCA's business annual business plan released in April. Lucy Thorn then gives an update on where we are with the British Steel Pensions Scheme and the Section 404 Consumer Redress Consultation and then discusses the Supreme Court decision to refuse permission in Adams v Carey and what the SIPP market can expect. We...

Welcome to Money Covered. In Episode 11, Rachael Healey is joined by Andrew Oberholzer who takes listeners through the FCA's consultation on a consumer redress scheme for members that transferred out of the British Steel Pension Scheme as well as covering the National Audit Report on the British Steel Pension Scheme. Shauna Giddens then discusses the High Court decision in McClean v Thornhill...

In episode 10, Rachael Healey is joined by Tom Challen who discusses due diligence obligations of SIPP providers following a recent Financial Ombudsman Service decision involving the SIPP provider, Rowanmoor and Ben McHardy takes us through the published report from the Financial Reporting Council on the state of the audit market and in particular the Audit Committee's Chair's views on the approac...

In episode 9, Rachael Healey is joined by Carina McFadden to discuss claims brought by Pure Legal against mortgage brokers for the alleged mis selling of interest only mortgages and what the administration of Pure Legal means for these claims. Zoe Melegari takes us through the proposed changes to the appointed representative regime put forward in a recent FCA consultation. We hope you enjoy this e...

Welcome to Money Covered, a monthly podcast from RPC aimed at those dealing with complaints, claims and risk management in the financial services sector. In episode 8, Rachael Healey is joined by David Allinson to discuss the key news and developments in the industry for the October and beyond. We hope you enjoy this episode and if you did, please subscribe to stay up to date with future episodes...

Welcome to Money Covered, a monthly podcast from RPC aimed at those dealing with complaints, claims and risk management in the financial services sector. In episode 7, Rachael Healey is joined by Shauna Giddens and Chris Cole to discuss the key news and developments in the industry for the month of September. Shauna and Chris provide an update on recent developments involving SIPPs and the FSCS fo...