PARLIAMENTARY WRITTEN QUESTION
Workplace Pensions (10 June 2019)

Question Asked

To ask the Chancellor of the Exchequer, if his Department will make an assessment of the potential conflict of interests in the business model of vertically integrated companies offering retail investment platforms, asset management and workplace pensions products.

Asked by:
Dame Angela Eagle (Labour)

Answer

This is a matter for the Financial Conduct Authority (FCA), which is operationally independent from Government. The question has been passed on to the FCA. The FCA will reply directly to the Member by letter. A copy of the letter will be placed in the Library of the House.


Answered by:
John Glen (Conservative)
13 June 2019

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