A request from two MPs for a full Parliamentary debate on the impact of the retail distribution review has been turned down.
Conservative MP Mark Garnier says the backbenchers business committee rejected the requests because of its proximity to last week’s Westminster Hall debate on the subject and the fact that the RDR has come up in a Treasury select committee meeting recently. He says: “They suggested coming back in a month when some time has fallen between the debates and our request. We are not going to let this go.”
Treasury select committee member Garnier is calling on IFAs to lobby their local MPs and has written to 50 IFAs who contacted him on the subject asking them to do so. He says: “They need to get in touch with MPs and say this debate is something which may happen and would they support it.”
Garnier offered his support in seeking a full debate after last week’s initial Westminster Hall RDR debate secured by fellow Conservative MP Harriett Baldwin.