TSC to grill Sants and Turner on RDR next week

Laura Miller
clock

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 IFA...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Average pension transfer took just 11 days at tax year end

Average pension transfer took just 11 days at tax year end

Origo says transfer times decreased around tax year end with half taking seven days or less

Jasmine Urquhart
clock 17 June 2025 • 2 min read
Reeves eyes IHT U-turn as non-doms 'plan to leave'

Reeves eyes IHT U-turn as non-doms 'plan to leave'

‘Exodus’ fears continue to grow

Sahar Nazir
clock 17 June 2025 • 1 min read
'Not an adviser problem': Industry cites regulation as main advice gap cause

'Not an adviser problem': Industry cites regulation as main advice gap cause

‘The regulator caused it, they should fix it’

Isabel Baxter
clock 17 June 2025 • 2 min read