Latest update from the Treasury Select Committee suggests the all-party group of MPs will publish their "Restoring Confidence in Long Term Savings" in the last week of July.
A spokesman for the Treasury Select Committee told IFAonline the committee is not expecting to be able to publish the report ahead of the Parliamentary summer recess on July 22nd and instead hopes to publish the following week. Officials from life offices, trade bodies as well regulatory executives were 'grilled' over the course of several months to establish how the government and financial services industry might tackle the consumer's lack of confidence in financial services as well as the savings gap in pensions and long-term investments. During those oral evidence sessions, MPs su...
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