The Practitioner Panel issues its Annual Report for 2008/09

The Financial Services Practitioner Panel (the Panel) has today published its Annual Report for the period 2008/09.

Nick Prettejohn, Chairman of the Panel said:

“This has again been a busy year for the Panel with a significant number of fundamental issues being discussed and plenty of vigorous debate with FSA senior management.”

The Annual Report summarises the Panel’s work over the last 12 months and looks at the Panel’s objectives and actions taken in fulfilment of those objectives. It also includes a section on current issues and ends by looking at the year ahead.


The Financial Services Practitioner Panel was established under the Financial Services and Markets Act 2000 to represent the interests of practitioners and is independent of the FSA. Members are drawn from regulated institutions and market users at a senior level. Membership rotates to ensure a balance between consistency and new input. The Panel was set up on a non-statutory basis in November 1998 (as the Practitioner Forum) and became a statutory body in June 2001.

The current members of the Panel are: Nick Prettejohn, Chief Executive, Prudential UK & Europe (Chairman); Iain Cornish, Chief Executive, Yorkshire Building Society (Deputy Chairman); Richard Berliand, Head of Global Cash, Equities and Prime Services, JP Morgan Securities Ltd, Simon Bolam, Principal, EH Ranson and Company, (Chairman of the Smaller Businesses Practitioner Panel); Russell Collins, Head of UK Financial Services Practice, Deloitte; Mark Hodges, Chief Executive, Norwich Union Life; Roger Liddell, Chief Executive, LCH Clearnet Group Limited; Helena Morrissey, Chief Executive, Newton Investment Management; Gordon Pell, Deputy Chief Executive, Royal Bank of Scotland Group; Xavier Rolet, Chief Executive, London Stock Exchange; Andrew Ross, Chief Executive, Cazenove Fund Management; Malcolm Streatfield, Chief Executive, Lighthouse Group; Alan Yarrow, Vice Chairman, Dresdner Kleinwort Wasserstein.

Further information on the role and work of the Panel are available on its website:

The FSA's website address is:

Press enquiries:
Stuart Mead
Secretary to the Practitioner Panel
020 7066 3038
[email protected]

Joy Barrie
Relationship Manager to the Practitioner Panel
020 7066 5210
[email protected]