Transparency Statements

“I believe there ought to be higher levels of transparency in financial services because investors need to know what is in their funds"

“I believe there ought to be higher levels of transparency in financial services because millions of consumers are reliant on it for their long term savings future.”

“I believe there ought to be higher levels of transparency in financial services because there is too much lack of trust between providers and consumers"

“I believe there ought to be higher levels of transparency in financial services because the consumer is being misled"

“I believe there ought to be higher levels of transparency in financial services because of the public interest."

“I believe there ought to be higher levels of transparency in financial services because financial markets are social constructs and financial services are a public good.”

“I believe there ought to be higher levels of transparency in financial services because it is vital that the effect of charges is known as far as reasonably possible when making long term investment decisions."

“I believe there ought to be higher levels of transparency in financial services because restoring customers trust in us is to the benefit of both users and businesses. Success comes from truly solving a customers issue and being open about it."

“I believe there ought to be higher levels of transparency in financial services because individuals need to trust financial services companies in order to achieve a secure retirement."

"I believe there ought to be higher levels of transparency in financial services because this is necessary to regain public trust in the sector."

“I believe there ought to be higher levels of transparency in financial services because it holds the key to regaining the trust of the consumer, delivering value-for-money and operating a competitive market”

“I believe there ought to be higher levels of transparency in financial services because there are still far too many instances of hubris, excess and selfishness at the highest levels of management in an industry that keeps professing that that it is acting in the best interests of all its investors."

“I believe there ought to be higher levels of transparency in financial services because it is only through transparency that we can gain the trust required to succeed.”

“I believe there ought to be higher levels of transparency in financial services because it will have such a beneficial impact upon incomes in retirement”

“I believe there ought to be higher levels of transparency in financial services because it is essential for the industry to perform its social function."

“I believe there ought to be higher levels of transparency in financial services because it helps pension funds to take better informed decisions"

“I believe there ought to be higher levels of transparency in financial services because trust is essential and is being erroded."

“I believe there ought to be higher levels of transparency in financial services because people's money/savings are at risk."

“I believe there ought to be higher levels of transparency in financial services because it creates a better system"

“I believe there ought to be higher levels of transparency in financial services because trust is the birthplace of asset management.”

“I believe there ought to be higher levels of transparency in financial services because the economy should work for everybody."

“I believe there ought to be higher levels of transparency in financial services because Pension scheme members should know how much it costs to be a member of their scheme. The full cost, including all transactions, for the administration and investment of their money”

“I believe there ought to be higher levels of transparency in financial services because it restores confidence in markets which in turn helps markets to thrive"

“I believe there ought to be higher levels of transparency in financial services because there are to many dodgy people and many vulnerable people"

"I believe there ought to be higher levels of transparency in financial services because it will encourage better outcomes for consumers and other customers."

“I believe there ought to be higher levels of transparency in financial services because without transparency investors lack the confidence to invest and markets fail to fulfil their true function of allocating capital efficiently."

“I believe there ought to be higher levels of transparency in financial services because there is still obfuscation of detail, charges and functionality that lead to financial exclusion"

“I believe there ought to be higher levels of transparency in financial services because the world needs greater trust and FS is the bedrock of a healthy economy."

“I believe there ought to be higher levels of transparency in financial services because being in business is an opportunity to create wealth by being of service to society, not an opportunity to appropriate wealth at the expense of non-shareholder stakeholders.  Transparency is an important defence against wealth appropriating behaviour"

“I believe there ought to be higher levels of transparency in financial services because too many innocent people have had their lives ruined  by HMRC rubber stamped criminals"

“I believe there ought to be higher levels of transparency in financial services because transparency is transformative"

“I believe there ought to be higher levels of transparency in financial services because it is in everyone's best interest."

“I believe there ought to be higher levels of transparency in financial services because transparency is a pro-ethical condition that enables us to fulfil our fiduciary duty and to achieve justice and the common good. Assiduous transparency yields continuous trust.”

“I believe there ought to be higher levels of transparency in financial services because the incumbent system is not fit for purpose in terms of delivered outcomes for savers or its impact on the 'real economy'. Only with higher levels of transparency can we identify those areas that can be radically improved."

“I believe there ought to be higher levels of transparency in financial services because, as Vanguard founder John Bogle says: ‘the tyranny of compounding costs takes about two-thirds of the gains clients make. The client puts up 100% of the capital, and takes 100% of the risk, but only gets one-third of the return.’ Something is very wrong with our financial system. Investors deserve to know exactly what they’re buying and how much it will cost, today and over time.”

“I believe there ought to be higher levels of transparency in financial services because this enhances trust in the finance industry."

“I believe there ought to be higher levels of transparency in financial services because of the high demand in policing our pension schemes"

“I believe there ought to be higher levels of transparency in financial services because trust and being your word as my bond generates win-win situations. Without transparency in the internet world reputations will be shredded with their organisations."

“I believe there ought to be higher levels of transparency in financial services because transparency is cornerstone of integrity in the systems and structures of our democracy."

“I believe there ought to be higher levels of transparency in financial services because It enables better decision making"

“I believe there ought to be higher levels of transparency in financial services because it's the very starting point for establishing trust."

“I believe there ought to be higher levels of transparency in financial services because it will be good for everyone. Consumers will be able to compare and demand better value for money and the financial services industry itself will benefit from becoming more competitive, lean and effective”

“I believe there ought to be higher levels of transparency in financial services because for being able to take rational decisions we need to have control of our data; independently, timely and complete.”

“I believe there ought to be higher levels of transparency in financial services because people want to know what they’re buying. We cannot be trusted. Our system depends on trust and fiduciaries managing our money. Until people consider themselves investing in a trustworthy way - we will remain untrusted. Transparency is the only way to break this vicious circle.”

“I believe there ought to be higher levels of transparency in financial services because the industry has earned distrust in the past and needs to earn trust in the future"

“I believe there ought to be higher levels of transparency in financial services because humanity requires it."

“I believe there ought to be higher levels of transparency in financial services because it is in everyone's interest."

"I believe there ought to be higher levels of transparency in financial services because sharing clear and understandable disclosures will drive positive innovation and can empower the customers of the industry to improve their long-term outcomes."

"I believe there ought to be higher levels of transparency in financial services because optimum economic value has become remote and distorted and by virtue active fund management and professional fund buyers fragile to digitalisation. Unless we put the City in order, technology will obsolete us, like Godzilla looming over us.”

“I believe there ought to be higher levels of transparency in financial services because we need to restore faith in an industry that has lost it's way and is vital to our democracy."

“I believe there ought to be higher levels of transparency in financial services because consumers and clients need to trust the industry through having access to clear, open, honest, jargon-free information in order to make informed choices to meet their financial objectives.”

“I believe there ought to be higher levels of transparency in financial services because of the potentially harmful effects on society and the environment."

“I believe there ought to be higher levels of transparency in financial services because without it, customers will simply continue to mistrust the industry and lose out financially.  However, we would be wise to remember that more information and data can itself be a hindrance to improving outcomes”

“I believe there ought to be higher levels of transparency in financial services because financial advice is still generally seen as the preserve of the wealthy and post-crisis there is still much distrust. I believe that a campaign from within that homes in on greater transparency, focusing more on consumer outcomes, that does not stem from the regulators is a powerful way to show intent”

“I believe there ought to be higher levels of transparency in financial services because it will help us to see what can be done better”

“I believe there ought to be higher levels of transparency in financial services because there isnt enough at the present to deal with issues"

“I believe there ought to be higher levels of transparency in financial services because consumers deserve to know what they are getting for their money.”

“I believe there ought to be higher levels of transparency in financial services because the industry and public need & want it post Brexit."

“I believe there ought to be higher levels of transparency in financial services because it will promote ethical conduct and help rebuild consumer trust"

“I believe there ought to be higher levels of transparency in financial services because the financial industry is crucial to saving the planet as a whole."

"I believe there ought to be higher levels of transparency in financial services because none of this is our money! How can we expect clients to have trust in our services if they cannot even be sure of the price?”

“I believe there ought to be higher levels of transparency in financial services because Transparency is critical for investor confidence and trust in financial markets.”

“I believe there ought to be higher levels of transparency in financial services because innocent people are being ripped off"

“I believe there ought to be higher levels of transparency in financial services because it is the best way we can restore public trust in pensions.”

“I believe there ought to be higher levels of transparency in financial services because poor innocent individuals have been tested appallingly"

“I believe there ought to be higher levels of transparency in financial services because we need to support consumers, enabling better decisions and outcomes based on a fuller picture."

“I believe there ought to be higher levels of transparency in financial services because at this point a great part of European consumers don't engage in investing for the wrong reasons"

“I believe there ought to be higher levels of transparency in financial services because it will help to provide a level playing field as well as helping to restore trust and confidence amongst consumers that they are receiving value for money. This is particularly important at a time when increasing consumer engagement and understanding is so critical.”

“I believe there ought to be higher levels of transparency in financial services because more transparency leads to better governance and in control management of pension schemes in all aspects.”

“I believe there ought to be higher levels of transparency in financial services because it reduces uncertainty risk"

“I believe there ought to be higher levels of transparency in financial services because the more informed the client is the better decisions he/she can make. So for our part we are happy to display our charges on our website for both lifestyle financial planning and for regulated investment services.”

“I believe there ought to be higher levels of transparency in financial services because financial services are key to our economy and society, and transparency is necessary to encourage trustworthy behaviour by financial services professionals. It is important that we define their obligations and responsibilities clearly, and then hold the industry and those who work within it to account.”

“I believe there ought to be higher levels of transparency in financial services because our clients deserve it. It’s as simple as that.”

“I believe there ought to be higher levels of transparency in financial services because I believe there ought to be higher levels of transparency in financial services because what was once a well respected industry and key contributor to society has become completely self serving and at odds with sustainable flourishing in the communities in which it operates."

“I believe there ought to be higher levels of transparency in financial services because victims of austerity and SME victims of Banking have paid the ultimate price for Banking corruption."

“I believe there ought to be higher levels of transparency in financial services because it is good for business. Confidence, efficiency, growth and profitability are all enhanced – over the long term – by greater transparency”

“I believe there ought to be higher levels of transparency in financial services because there will be more opportunities for truly free market economics."

“I believe there ought to be higher levels of transparency in financial services because consumer protection"

“I believe there ought to be higher levels of transparency in financial services because complexity and secrece leads to customers paying more"

“I believe there ought to be higher levels of transparency in financial services because too much misinformation"

"I think the principles are great. Do consider if it may be better for a social enterprise to be a charity with a Board of Trustees rather than a sole Key Controller and Shareholder"

“I believe there ought to be higher levels of transparency in financial services because transparency is foundational to value-positive markets and communities."

“I believe there ought to be higher levels of transparency in financial services because trust between providers and customers has been broken"

“I believe there ought to be higher levels of transparency in financial services because ensuring institutional investors are directly accountable to the people whose money they look after is the only way to transform the system into one that serves savers, society and the environment”

“I believe there ought to be higher levels of transparency in financial services because users of our services should be able to understand what is being done for them and the corresponding charges being levied”

“I believe there ought to be higher levels of transparency in financial services because financial services can only rebuild trust through transparency"

“I believe there ought to be higher levels of transparency in financial services because financial markets deadly need it"

“I believe there ought to be higher levels of transparency in financial services because the industry is currently perceived as confusing by consumers. In order to promote engagement, we need to break down those barriers and make it easier to understand. However, we should be mindful that too much information will confuse consumers."

“I believe there ought to be higher levels of transparency in financial services because savers / pensioners need to be properly informed about the products they invest in; they achieve the outcomes they expect; and to help build trust in the investment industry that is lacking at present.”

“I believe there ought to be higher levels of transparency in financial services because transparency is a prerequisite to trust."

“I believe there ought to be higher levels of transparency in financial services because it empowers better financial decisions.”

“I believe there ought to be higher levels of transparency in financial services, and particularly in pensions, because we cannot afford for people not to save for retirement”

“I believe there ought to be higher levels of transparency in financial services because it helps investors make better decisions."

“I believe there ought to be higher levels of transparency in financial services because it's an integral part of the changes needed in the Economy."

“I believe there ought to be higher levels of transparency in financial services because it makes it easier for consumers to engage effectively."

“I believe there ought to be higher levels of transparency in financial services because people have a right to know what happens to their money."

“I believe there ought to be higher levels of transparency in financial services because consumers & their advisers need to regain trust in a hugely competitive market and be certain of all the facts before being able to make informed choices.”

"I believe there ought to be higher levels of transparency in financial services because the financial system exists to serve public purpose, and democracy requires an informed polity."

“I believe there ought to be higher levels of transparency in financial services because there is a moral imperative behind what we all do: to enable as many clients to retire with dignity as possible."

“I believe there ought to be higher levels of transparency in financial services because scammers need to be stopped"

“I believe there ought to be higher levels of transparency in financial services because the retail consumer deserves better protection and the industry should know better!”

“I believe there ought to be higher levels of transparency in financial services because the bank and their legal teams have hidden their true crimes for to long! These have to be made public and all held to account."

“I believe there ought to be higher levels of transparency in financial services because customers should be able to make the best decision based on their needs"

“I believe there ought to be higher levels of transparency in financial services because covert benefits spread mistrust to inhibit business"

“I believe there ought to be higher levels of transparency in financial services because pension scheme members are entitled to know the full cost, including all transactions, for the administration and investment of their money. Transparency will also allow benchmarking and informed comparisons to allow investors to make informed and better investing decisions and to enable them to improve outcomes to reach their financial goals.”

“I believe there ought to be higher levels of transparency in financial services because I believe there ought to be higher levels of transparency in financial services because we need to ensure financial services serve society and meet its changing needs"

"I believe there ought to be higher levels of transparency in financial services because the industry will better serve the needs of society"

“I believe there ought to be higher levels of transparency in financial services because of poor culture and conduct demonstrated"

“I believe there ought to be higher levels of transparency in financial services because I’m passionately committed to a fair and functioning City which benefits everyone. We have a world-class financial services industry in London and by working together, we can ensure it serves equal purpose and value to its participants and users."

“I believe there ought to be higher levels of transparency in financial services because clients must be protected from unexpected surprises and unfair dealings"

“I believe there ought to be higher levels of transparency in financial services because currently, the system enables greed and avarice to drive decision making that ultimately harms the innocent"

“I believe there ought to be higher levels of transparency in financial services because we need to tackle unnecessarily high charges and ensure investors get value for money. This is integral to giving people the best possible retirement outcomes.”

“I believe there ought to be higher levels of transparency in financial services because Transparency is a means to an end, where the end game is greater accountability, good decision-making and trustworthiness … which leads to better commercial outcomes for members, sponsors, markets through investment, and in the long-run - via improved reputation, public engagement and a reduced savings deficit - for the asset managers themselves and the financial services industry as whole."

“I believe there ought to be higher levels of transparency in financial services because trust requires governance, control and transparency.  And financial services is all about trust"

“I believe there ought to be higher levels of transparency in financial services because stakeholders deserve to have access to the right information, to inform the best levels of decision-making and improve outcomes”

“I believe there ought to be higher levels of transparency in financial services because the risk of corruption for personal gain and power is so high"

“I believe there ought to be higher levels of transparency in financial services because it is needed to build the confidence of our clients and future prospects"

“I believe there ought to be higher levels of transparency in financial services because every customer has the right to know exactly how much goods and services cost at the point of purchase and price discovery is essential in Financial Services for all to achieve better outcomes."

“I believe there ought to be higher levels of transparency in financial services because a lack of transparency drives corrupt behaviours."

“I believe there ought to be higher levels of transparency in financial services because financial services are the backbone of the economy"

“I believe there ought to be higher levels of transparency in financial services because the aspirations of savers and their advisors will not be met if managers take more than headline fees and trust in the financial system will not be won."

“I believe there ought to be higher levels of transparency in financial services because trust is what financial services are based upon"

“I believe there ought to be higher levels of transparency in financial services because encreased transparency can only be a good thing for all parties of the industry and, most importantly, the end customer. I support this initiative and would urge others to do so. The Symposium’s are a great forum to hear views from across the industry and shine a light on those areas that could be improved."

“I believe there ought to be higher levels of transparency in financial services because it contributes to the establishment of trust which can improve consumer outcomes. To date, the focus has been on costs and performance, but the investment profession and its stakeholders would also benefit from an improved understanding of the purpose of investment and from the processes employed on their behalf.”