Money Box Investing and Car Finance Compensation
Nov 8, 2025
Lucy Rigby, Treasury Minister, discusses government strategies to boost retail investment and the associated risks. Charles Randall, former chair of the FCA, emphasizes the importance of long-term investing and warns about the pitfalls of high-cost assets. Alex Neal from Consumer Voice clarifies the FCA's compensation scheme for car finance mis-selling, detailing eligibility and the average payout. Together, they explore the potential benefits and challenges of investing while advocating for consumer protection and informed financial decisions.
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UK Retail Investment Lags Peers
- The UK has the lowest retail investment rate in the G7 and long-term equity returns have outperformed cash since 1999.
- The Treasury argues shifting some cash savings to stocks can raise household incomes and financial resilience.
Let Firms Suggest Options With Safeguards
- Targeted support will let firms recommend products based on consumers' incomes and savings habits, subject to FCA permission.
- Risky investments must still be flagged and the consumer duty will remain in force.
Policy Emphasises Guidance Not Deregulation
- The government stresses enabling informed decisions rather than reducing protections when encouraging investment.
- Providers could tell savers they may hold more cash than needed and suggest a stocks and shares ISA example.