Testimonials from previous attendees
Our events are an integral part of our strategy for driving change, which is is to bring together two types of people:
#1, Those with a sense of ‘passion & purpose’ about what needs to change; and
#2, Those with the ‘power & position’ to help make change happen
The testimonials below from previous attendees will help explain the aims and objectives of our Transparency Symposia - they aren't ordinary events:
Head of Policy Development,
Pensions, Investments and Workplace,
Wealth & Insurance,
Lloyds Banking Group
"I’ve been to a number of Transparency Symposiums over the last 2 years, considering subject matter such as Transaction Charge Disclosure, the Asset Management Market Review and more recently the FCA’s Platform Study.
These symposiums are a melting pot, where all sorts of interested parties express and share views. With regulators and policymakers attending alongside those with commercial interests and those championing the consumer and other causes, this is a great forum to express your views if you want others to see things from your perspective and of course a great opportunity to see things from other people’s perspective."
Andrew D. Esctruth,
Associate Director for External Relations,
Center for Retirement Research at Boston College
"I would urge anyone concerned with improving the relationship between the financial industry, regulators, and consumers to attend a Transparency Task Force (TTF) symposium. This superb organization was started in the United Kingdom and has quickly established an impressive track record for raising awareness of the benefits of greater transparency in the provision of financial services, a prerequisite for building trust with consumers. The TTF events bring together a diverse group of experts with one common goal: to help the financial industry thrive by putting its clients first. This mission is vital in today’s environment in which the risk and responsibility for attaining retirement security has shifted away from institutions and to individuals."
"Thinking about what's next";
Co-Founder of The People's Trust;
Former Chief Executive of the Investment Association
"Transparency Symposiums are a place where people who care about financial services and the important role they have to play can come to support and shape the future of transparency"
Dr. Kara Tan Bhala,
President and Founder,
Seven Pillars Institute for Global Finance and Ethics
"I attended and spoke at the Transparency Symposium in Boston on September 28th. The quality of speakers and the content of their talks were impressive in depth, scope and relevance of knowledge. The symposium provided a space for professionals to present their ideas and for everyone to meet and speak frankly with others who share the same purpose of improving financial practice and policy. Presenters were high-level executives, directors, and presidents of their companies. Attendees belonged in the top echelons of their fields. I forecast this and future symposia will lead to the fulfillment of Transparency Task Force goals, pushing financial services to new heights of ethical advancement. In sum, the symposium was a well-organized, friendly, and illuminating gathering of thought leaders and social justice advocates."
Associate Director and
Senior Fellow, Programs on Corporate Governance and Institutional Investors, Harvard Law School
“TTF is all about equipping the capital market and its participants with tools they need to adapt to forces of change. Transparency is coming to the corporate and investor worlds, as it has hit other fields, as a result of public, regulatory, NGO, and social media pressure. TTF convenes professionals from diverse disciplines for collective brainstorming on how to make transparency into an asset.”
The Institute of Life Planning
“Transparency is the major issue society faces today in both democracy and finance. The Transparency Task Force is doing a terrific job highlighting this issue by bringing together a wide range of experts to provide intelligent insight and deep thought for everyone involved.
The symposium stimulated me to become even more active in my effort to shed light on opacity through my blogging and my new book A Golden Civilization. I’m very excited to see what The Transparency Task Force does moving forward"
Investor Responsibility Research Institute
"The Transparency Symposium provides a unique and valuable lens through which to examine how to improve both the efficiency and resiliency of the financial system, for the good of investors, the industry and society. The speakers are good, but it’s the interaction with the other attendees and the sense of purpose which differentiates it from every other financial meeting.
The symposium cuts across the normal siloes in the financial sector, so that we can learn from each other, including a number of perspectives that often are not heard… but should be."
Senior Polocy Advisor,
The Federation of Dutch Pension Funds
The importance of cost transparency:
Cost transparancy is of the utmost importance to the Federation of Dutch Pension Funds.
We believe that the pension industry is morally obliged to be transparent.
Pension funds have to provide an adequate retirement income at an acceptable price (contribution). The level of costs is crucial because it affects pension savings during an accrual period of several decades. Therefore costs have a significant impact on the eventual retirement income.
Cutting costs is not the primary goal. Costs should be evaluated in the context of risk and return on investment. This triangle should be taken into account by the management board of a pension fund during the entire decision making process.
The Federation of the Dutch Pension Funds published its most recent recommendations on costs in 2016. Cost transparency is no longer voluntary but also a legal obligation for pension funds in the Netherlands nowadays.
A next step should be to reach international agreement on how asset managers should calculate the level of costs and how they present this information to their clients. For this reason, we fully support the initiative of the Transparency Task Force. Together we can lift cost transparency to an even higher level.
"It was the lack of transparency coupled with corporate greed that lead to the financial crash that ruined so many peoples lives and aggravated the continuing rise in inequality. We must learn from our mistakes and take strong action
The Transparency Task Force and the symposia that are organised are a very useful way of educating those in business and beyond of the potential threat of inaction in this area. They are a valuable lesson in what we need to do to make sure we do not allow such disasters to happen again."