Investment Management (Fiduciary Duties) Bill 2013-14


The Bill failed to complete its passage through Parliament before the end of the session. This means the Bill will make no further progress. place a fiduciary duty on those involved in managing an investment to act in the best interest of investors, including pension savers, in a transparent and accountable way; and for connected purposes.

Private Members' Bill (under the Ten Minute Rule)

What is this Bill?

The Investment Management (Fiduciary Duties) Bill was a Ten Minute Rule Bill tabled by Phil Wilson.

Is this Bill currently before Parliament?

No. This Bill is not under active consideration by Parliament, as it was introduced during the previous 2013-14 Session.

Whose idea is this Bill?

As a Private Members' Bill, this Bill represents the individual initiative of an MP (Phil Wilson), not the Government.

What type of Bill is this?

A Ten Minute Rule Bill is a process of tabling a bill, where an MP has 10 minutes to advocate for their legislation to the Commons and the Minister responsible.

So is this going to become a law?

No. This Bill did not complete it's passage before the Session completed and is no longer before Parliament. However, it may have been re-introduced under a similar name in a subsequent Session.

Would you like to know more?

See these Glossary articles for more information: Ten Minute Rule Bill, Private Members Bill, Process of a Bill

Sponsor: Phil Wilson

Official Bill Page All Bill Debates

Next Event: There is no future stage currently scheduled for this bill

Last Event: Wednesday 5th February 2014 - 1st reading: House of Commons

Bill Progession through Parliament

Commons - 20%

Latest Key documents

Bill Debate
05/02/2014

Timeline of Bill Documents and Stages