"Is it possible to identify any particular gaps in the competition regime? Chapters 1 and 2 of the Competition Act 1998 cover things like exclusivity arrangements, and so on. There is a regime for market studies, which would also enable this issue to be addressed, and, manifestly, this would be …..." John Grady - View Speech
"Has the hon. Gentleman considered some of the reforms that the FCA is considering, such as the advice guidance boundary review? I understand the thrust of what he is trying to do—to ensure that people get proper pension advice. Hopefully, everyone would agree with that, but I wonder how it …..." John Grady - View Speech
"My hon. Friend makes a very good point, at the heart of which is the question of what work needs to be done to introduce anything along these lines. One would have to look at what the Financial Conduct Authority is doing, the existing service provisions, the costs, and how …..." John Grady - View Speech
"It is a pleasure to serve under your chairship, Mr Stringer. I thank my hon. Friend the Member for Cowdenbeath and Kirkcaldy (Melanie Ward) for securing the debate and I agree with everything she said.
This is a time when children are starting school for the first time—a moment of …..." John Grady - View Speech
"Would the hon. Member accept that pension trustees should, in accordance with their fiduciary duties, actively consider investing in such things as private equity, private patient capital and interests in land? The fact that so many people have agreed, under the Mansion House arrangements, to invest in such classes of …..." John Grady - View Speech
"Q This question is for Ms Alexander. A lot of my constituents are driven mad by small pots; they have worked in different jobs and have no idea how much money they have saved for a pension, so please could you outline the benefits of the small pots reforms …..." John Grady - View Speech
"Q With DC—defined contribution—schemes, as you know, savers themselves have discretion about where they put their money. The issue we face, illustrated by Dimson, Marsh and Staunton’s regular review of asset returns, is that people are not saving in things that will get them a long-term return, are they? …..." John Grady - View Speech
"Q I apologise: I should say that my wife sits on the committee of the Scottish Government pension scheme. I should disclose that to the Committee.
I would like to move on to a slightly different topic: small pots. Ms Singleton, the SPP made supportive comments in its submission …..." John Grady - View Speech
"I explain to my constituents every week how hard the Foreign Secretary and his ministerial team are working in this context, but every day women and children are killed and are starving. What is happening is a moral outrage of the first order. The International Criminal Court is a key …..." John Grady - View Speech