New members for the FCA Consumer Panel

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Three new members have been appointed to the Financial Services Consumer Panel.

Liz Barclay, Caroline Barr and Doug Taylor have been appointed as new members to the panel, which advises and challenges the Financial Conduct Authority (FCA) from the consumer perspective.

The appointments take effect from 1 January 2014 and will be for a three-year term.

Liz Barclay has been a broadcast journalist and producer for more than 20 years specialising in personal finance, consumer affairs and issues affecting small businesses for the BBC and the independent sector.

She is on the board of the Financial Services Compensation Scheme and the Equity Release Council Standards Board, and is Chair of Camden Citizens Advice Bureau.

Caroline Barr has worked in the financial services industry in both the retail and corporate sectors.

At the Treasury she was a member of the team that implemented the Stakeholder Products range recommended by the Sandler Review and worked with the Financial Services Authority on the development of the basic advice regime.

Doug Taylor works on a consultancy basis and is Leader of the Council at the London Borough of Enfield.

He is a Governor at Capel Manor College, a member of the London Community Sports Board and the London Council Leaders Group. He is also a member of the European Insurance and Occupational Pensions Authority, occupational pensions stakeholder group, a Governor of the Pensions Policy Institute and the NEST members panel.

For many years he was Chief Advocate Financial Services at Which?

Commenting, Sue Lewis, chair of the Financial Services Consumer Panel said:

"I am delighted to welcome Liz, Caroline and Doug to the Panel. They each bring with them a wealth of knowledge and experience of the financial services industry and a passion for consumer advocacy. I look forward to working with them.

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