M
Member
Speaking in the House of Lords on 7 September 2026
Debate
Financial Services and Markets Bill [HL]Contribution
The noble Baroness is right to highlight that the FCA cannot do this work in isolation. It works closely with bodies such as the Money and Pensions Service. She has met the Money and Pensions Service to discuss exactly this; I hope that she mentioned the subject of compound interest when she did. There is also to be a consultation from the Department for Education, which I believe is coming out this month. I hope that Members of the Lords, including me and the noble Baroness, might have an early meeting with the Minister to discuss our concerns.
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