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Home›Financial services›Timpson Joins Financial Services Consumer Panel

Timpson Joins Financial Services Consumer Panel

By Mark L. Wells
April 6, 2021
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Scottish Widows’ outgoing director of technical and industrial affairs, Johnny Timpson, has been appointed to the Financial Services Consumer Panel (FSCP).

Timpson (pictured) began his three-year tenure as an independent panel member this month (April 1).

The panel is a statutory body that advises the Financial Conduct Authority on consumer interests and concerns, and was originally established in 1998.

Timpson, who is leaving Scottish Widows next week (April 14), is set to embark on a career as an independent consultant, having worked in the insurance and banking industries for more than 40 years.

During the last three years, he has also served as Ambassador of the Cabinet Office Handicap et Accès for the insurance sector, as well as the interim banking sector.

Meanwhile, Rebecca Driver, director and founder of research consultancy Analytically Driven, also began her three-year tenure as a member of FSCP.

Driver’s previous roles have included Director of Research and Chief Economist at the Association of British Insurers and Research Advisor at the Bank of England.

Wanda Goldwag, President of FSCP, said: “I am delighted to welcome Johnny and Rebecca to the panel. The ever-growing number of issues requiring Expert Panel input is a challenge, and the consumer landscape of other organizations that can comment on FCA consultations is still resource poor.

“It is essential that the consumer’s voice is heard loud and clear in all aspects of FCA’s work and now is a crucial time. So I’m glad that we were able to appoint two new members with such a solid background who can help us resolve these issues. I look forward to working with them both.

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