Panel debate: Restoring trust in financial services - FTAdviser.com
Financial Adviser, one of the papers for which I work, has been instrumental in the launch of this campaign, from a germ of an idea in November last year, through to the official launch earlier this month.
On the way we have had some very high profile support, from the outgoing archbishop of Canterbury, Dr Rowan Williams, Rabbi Jonathan Romain, Keith Tondeur OBE - founder of Credit Action - and many big-name companies from the world of finance: NS&I, Legal & General, Vanguard and SCM Private.
But sadly not a single front-bencher of any party decided to get involved. We asked known religious politicians - not a single one wanted to lend their support to the Question of Trust campaign. I guess none of the Treasury, DWP or policy makers in Whitehall think that it is important to restore trust in financial services and to instil values of fidelity, faithfulness and honesty.
That pretty much explains the following: Barclays, HSBC, Northern Rock, Equitable Life, PPI mis-selling... etc etc