Conservative MP Mark Garnier has promised to give FSA chief executive Hector Sants and chairman Adair Turner "hell" when they are hauled in front of the Treasury Select Committee (TSC) and forced to justify the RDR in a public evidence session next week.
The televised event will take place next Wednesday 9 March in Westminster. It is scheduled for a 3pm start and is expected to last up to two hours.
Rumours had been circulating that the government had put pressure on the TSC to "draw a line under" scrutiny of the RDR in a missive circulated to MPs.
But Mark Garnier MP, who sits on the Committee, today confirmed IFAs' evidence would inform the questions he and the other MPs will want Sants and Turner to answer.
MPs on the influential TSC have been wading through about 250 pages of evidence on the RDR, including many sent in by IFAonline readers, since they put out the call for public submissions in December.
The issue of a 1 January 2013 'cliff-edge' for advisers to be QCF Level 4 qualified, and the possible implementation of a taper programme will be on the agenda, says Garnier.
The reintroduction of a long-stop on complaints will also be raised, he says.
Garnier says: "I want to use the session to give them hell.
"I get this sense Hector Sants and Adair Turner have been rolling their eyes at us on RDR, and asking why we are still looking at it.
"But this is about more than just small IFAs, it is about the regulator's feeling it can do whatever it wants."
Putting the tech into protection
Square Mile’s series of informal interviews
Fallout from Haywood suspension
Launching later in 2019
£80bn funds under calculation