Managing my financial journey
Managing my financial journey

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Week 2: Post-crisis: new players, new issues, new rules

Introduction

The focus in Week 2 is looking at component parts of the financial services industry as it is today, at how the global financial crisis has changed the way business is undertaken and how it is regulated. The reforms and restructuring of the sector are examined as well as controversial issues like bankers’ bonuses, attempts to introduce greater competition and the ring-fencing of retail banking from the speculative activities of investment banking.

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You will look at payday lenders, hedge funds and the impact on the insurance industry of genetic testing.

You will look at how the way we shop in the financial services industry is changing too – for example, does the internet make it easier to find the right products or does it cause more complications for us?

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Figure 1 The UK financial services industry

This course is presented with the kind support of True Potential LLP.

The True Potential Centre for the Public Understanding of Finance [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)]  (True Potential PUFin) is a pioneering Centre of Excellence for research in the development of personal financial capabilities. The establishment and activities of True Potential PUFin have been made possible thanks to the generous support of True Potential LLP, which has committed to a five-year programme of financial support for the Centre totalling £1.4 million.

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