Stephen Mosley
Main Page: Stephen Mosley (Conservative - City of Chester)Department Debates - View all Stephen Mosley's debates with the HM Treasury
(12 years ago)
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Greg Clark
As you well know, Mr Speaker, dark pools allow one party to keep important details from other parties, which is a fair description of the economic policies of the Labour party. I say to the hon. Lady that the providers of pension funds are very clear that to over-regulate the dark pools would lead to a reduction in people’s pension pots. They have said that over the course of a 40-year pension fund this would require the pension fund holder to work an extra year. That is not in anyone’s interest.
Stephen Mosley (City of Chester) (Con)
Will my right hon. Friend update the House on the progress the Government are making in implementing the recommendations of the Kay review of equity markets and long-term decision making?
Greg Clark
I certainly commend John Kay for the clarity of his review, and we are taking steps, both in Europe and domestically, to implement his recommendations.