Nick Smith
Main Page: Nick Smith (Labour - Blaenau Gwent and Rhymney)Department Debates - View all Nick Smith's debates with the Leader of the House
(5 years, 7 months ago)
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Andrea Leadsom
I can quite imagine that the situation is infuriating the hon. Gentleman’s constituents. I encourage him to seek an Adjournment debate so that he can raise it directly with Ministers.
Nick Smith (Blaenau Gwent) (Lab)
May we have a statement from a Treasury Minister about how the Financial Conduct Authority is dragging its feet over contingent charging by independent financial advisers? We need urgent action to protect pension scheme members and clamp down on these pension sharks.
Andrea Leadsom
The hon. Gentleman will be aware that the Government have sought, through various measures, to clamp down on pension sharks so that it is much easier for those seeking a new pension provider to get the advice that they need. We have Treasury questions on Tuesday 21 May, when I encourage him to raise his issue directly.