Grantham MP Gareth Davies spoke in the second reading of the Financial Services and Markets Bill, legislation, on Friday, which delivers reform to one of the country’s leading sectors.
Gareth welcomed the Bill’s provisions and its potential to unleash the UK’s financial services industry, which benefits us all through the products, jobs, and tax revenues it provides.
With this in mind, Gareth urged the Government to consider the ways that capital markets can be capitalised so more can share in this success – putting forward extending automatic pension enrolment to young people, removing obstacles to financial advice, and expanding the investable universe of pensioners through Solvency II reforms.
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