I have often urged the wider financial services sector to engage more with Parliament and not leave all the lobbying to trade associations.
This week is a sharp reminder of why that is necessary now as much as it has ever been. It is no good trying to plead that what goes on in Westminster is not relevant to you or that you don't want anything to do with it because you don't like politicians. Also, it is full of new people as around one third of MPs - the largest proportion since the end of the Second World War - were newly elected in May. This brings fresh thinking into Parliament, new expertise and a renewed vigour. On the down side, it means alot of knowledge and understanding of the insurance and financial services...
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