Dr. Stuart Stamp will speak at the ESRC Seminar Series Financial Services and Consumers Seminar series on issues and challenges in a context of change. The seminar will take place on November 18th, in Room B03, Sir Colin Campbell Building, Jubilee Campus, University of Nottingham.
To register, contact Isobel Speedman.
Email: isobel.speedman@ed.ac.uk
Additional speakers include:
John Moss, Research Associate, Centre on Household Assets and Savings Management
Stuart Stamp, Research Associate, University of Ireland
Paul Cox, Investment Advisor, NEST Corporation
Description:
The welfare of consumers and nations is strongly affected by financial decisions. Yet, consumers are often poorly informed and susceptible to making poor financial decisions that have significant personal as well as societal consequences. In the wake of the financial crisis consumer confidence and trust in financial services has been undermined and governments globally are seeking to rebuild secure and sustainable financial systems.
The third seminar in the ESRC Financial Services and Consumers Seminar Series will be hosted by the Centre for Risk Banking and Financial Services at Nottingham University Business School. The seminar will focus on the role and impact of financial advice and guidance in financial services. Complexity and a lack of consumer expertise often mean that advice has an important role to play, however, a well documented advice-gap has been identified. Recently regulatory changes, in the form of the Retail Distribution Review, many well have exacerbated such problems. The Financial Advice and Guidance seminar will bring together interested academics and practitioners to discuss such issues in more detail.
Speaker Details
John Moss - Personal Financial Planning Advice: Barriers to Access
John Moss is a chartered financial planner who submitted his PhD thesis to University of Birmingham in December 2013. The title of his thesis is Personal Financial Planning Advice: Barriers to Access and has highlighted three key themes; knowledge, trust and affordability that influence consumer access to advice. The research has also identified the issue of advice not being considered the 'subjective norm' as a particular barrier. John has been a financial adviser for the last 22 years and his professional background has helped shape his research focus. He is especially interested in how consumer perceptions influence engagement with financial services.
Stuart Stamp - From clarity to confusion: how accessing debt advice in Ireland has become more complex for consumers since the Global Financial Crisis, and what could have been done differently
Stuart is an Independent Social Researcher and Research Associate of the Department of Applied Social Studies at NUI Maynooth. His main areas of interest are personal over-indebtedness and financial exclusion. He has helped to establish services in both Ireland and the UK to assist people who are over-indebted, and has worked as an adviser and manager of these services. In recent years, Stuart has focused more on research and policy analysis on these topics. He has authored studies for the Combat Poverty Agency, for Money Advice and Budgeting Services (MABS), and for the Free Legal Advice Centres (FLAC), and has contributed to a number of national and international conferences, research studies and policy consultations on personal debt issues. Stuart holds a Law degree, a Diploma in Consumer Affairs, an MA in Communication and Cultural Studies and a PhD in Applied Social Studies. He lectures on various modules which form part of the B. Soc. Science programme at NUI Maynooth, including The Development of the Irish Welfare State, Research Strategies, Linking Equality and Inclusion and Social Policy and Welfare States in Times of Change. Stuart is also a subject matter expert on a new Advanced Diploma in Money Advice Practice (ADMAP) at the University of Ulster, and contributes to a programme for key workers in the homeless sector developed by Dublin City University.
Paul Cox The financial implications of new pension freedoms for consumers pre-retirement and in retirement
Paul is an investment adviser at the National Employment Savings Trust (NEST) and Senior Lecturer in finance at University of Birmingham. Paul worked at Kleinwort Benson Investment Management and RCM Global Investors from 1993-2000 as an emerging market equity fund manager. From 2006 Paul has been closely involved on the pension reforms, working as a research fellow and adviser for the Department of Work and Pensions, The Personal Accounts Delivery Authority (PADA), and since 2008 NEST. Paul has co-written several consultations and research documents on investment and pensions for government departments. Paul has served a variety of external appointments including an educational board committee, policy commissioner on the Distribution of Wealth Policy Commission, editorial panel member of practitioner and academic journals, and chief examiner for private client advice and chartered wealth management exams at the Chartered Institute for Securities Investment. Paul is a member of The Personal Finance Education Group, the British Accounting and Finance Association, the Centre on Household Assets and Savings Management, and has a PhD in finance.
Further academic and practitioner speakers will be added to the Programme and a full schedule for the day issued nearer the time.
Further information is available here.