M
Member
Speaking in the House of Lords on 13 November 2024
Debate
Packaged Retail and Insurance-based Investment Products (Retail Disclosure) (Amendment) Regulations 2024Contribution
I believe that in this case the Government and, I hope, the regulator will urgently call in these retail platforms or meet representatives from this House and affected companies to work out how to overcome the intransigence and resistance that cannot be justified by consumer interest but only by some kind of self-interest on the part of those platforms to maintain a position that has become indefensible. However, as they are all doing it, they seem able to browbeat the investment trust sector into kowtowing to something that everybody other than those who do not wish to see it can see is not correct.
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