All the latest insight and commentary from James Daley and the Fairer Finance team.

Blog

8 July 2014

Car insurers charging up to 90% APR to pay monthly

James Daley

Car insurers charge an average 30% interest if their customers choose to pay monthly. Worse still, many are automatically opting their customers in to these eye-wateringly expensive credit plans.

Blog

7 July 2014

The black box revolution

James Daley

Black boxes that monitor your driving could revolutionalise the insurance industry, and might also teach the rest of the financial services market a trick or two.

Blog

2 July 2014

Are investment products ever right for the mass market?

James Daley

The economics of selling investments to the mass market means they're usually over-priced and sold inappropriately. So should investments be bought and never sold?

Blog

1 July 2014

Older travellers are penalised by insurers

James Daley

Older travelers claim on their insurance more often, and on average make more expensive claims. But insurers are charging them too much.

Blog

30 June 2014

The end of national insurance will be a nasty shock for many

James Daley

Most people have no idea they're paying over 30% tax on their earnings. Getting rid of NI is a bold move that is absolutely necessary. But it will be a political headache.

Blog

27 June 2014

Whose customer are you anyway?

James Daley

The world of insurance is a web of brands on top of brands. Insurers should have to make it clearer who we're actually dealing with.

Blog

26 June 2014

Passport office should pay compensation for delays

James Daley

The government doesn't like paying compensation. But if it doesn't do the right thing, then why should anyone else?

Blog

25 June 2014

How do you solve a problem like Wonga?

James Daley

Wonga has been pulled up by the FCA for yet more dirty tricks it engaged in several years ago. But it's unlikely to leave a scratch on what has become a well oiled money making machine.

Blog

23 June 2014

Portable bank account numbers are an inevitablity

James Daley

The banking industry has launched a new attempt to derail the campaign for portable account numbers. It's a losing battle.

Blog

20 June 2014

Banks should be forced to compensate scammers too

James Daley

As scams become more common, there's a case to be made that banks should be on the hook to compensate the victims.