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Adjournment debate on Tuesday, 12 January 2016, in the House of Commons, led by Guto Bebb. The answering member was Harriett Baldwin.


Connaught Income Fund

Agreed to on question.


Secondary information

Type
Parliamentary proceeding
Reference
604 cc824-838 
Session
2015-16
Department
Treasury
Chamber / Committee
House of Commons chamber
Proceeding contributions
Guto Bebb | 604 c829 (Link to this contribution)

Before we get into the detail of the questions I want to ask the Minister, I think it is importan...

Jim Shannon | 604 c829 (Link to this contribution)

I congratulate the hon. Gentleman on securing this debate, and the number of Members who are pres...

Show all contributions (46)
Guto Bebb | 604 c829 (Link to this contribution)

The hon. Gentleman makes an important point that I will come on to. Indeed, the need for informat...

Graham Stuart | 604 c829 (Link to this contribution)

I, too, congratulate my hon. Friend on championing this issue. I have been contacted by constitue...

Guto Bebb | 604 cc829-830 (Link to this contribution)

My hon. Friend has summarised my speech in a pithy intervention.

It is important to highlig...

Kirsten Oswald | 604 c830 (Link to this contribution)

Does the hon. Gentleman share my concern that, after five years, the regulatory authorities appea...

Guto Bebb | 604 c830 (Link to this contribution)

I will join the hon. Lady in that call, and I agree entirely with her comments.

On 26 May 2...

Mims Davies | 604 c830 (Link to this contribution)

Does my hon. Friend agree that many of our constituents have waited a long time for this investig...

Guto Bebb | 604 c830 (Link to this contribution)

Absolutely. My hon. Friend has just covered part of my speech very well, and I agree entirely wit...

Cheryl Gillan | 604 c830 (Link to this contribution)

I congratulate my hon. Friend on calling this debate. It is obvious that there is interest across...

Guto Bebb | 604 c831 (Link to this contribution)

I am grateful to my right hon. Friend for that intervention. I will come on to the way in which i...

Bill Wiggin | 604 c831 (Link to this contribution)

Does my hon. Friend agree that the new body, the FCA, is as toothless as ever and that it is more...

Guto Bebb | 604 c831 (Link to this contribution)

I regret that I have to agree with my hon. Friend. The financial ombudsman service is too often s...

Baroness Stuart of Edgbaston | 604 c831 (Link to this contribution)

I am extremely grateful to the hon. Gentleman for calling this debate. It is unacceptable that pe...

Guto Bebb | 604 cc831-2 (Link to this contribution)

The hon. Lady speaks for all of us in this regard, and the constituents who are the worst affecte...

Caroline Spelman | 604 c832 (Link to this contribution)

As a member of the APPG, will my hon. Friend say how concerning it is that there has been no comm...

Guto Bebb | 604 c832 (Link to this contribution)

As the chair of the APPG, I have felt extremely frustrated when Conservative and Opposition Membe...

Angela Watkinson | 604 c832 (Link to this contribution)

I, like most colleagues here, have had correspondence with constituents who have lost considerabl...

Guto Bebb | 604 c832 (Link to this contribution)

Again, I fully agree with my hon. Friend’s comments, and I do think that tonight’s turnout indica...

John Glen | 604 c832 (Link to this contribution)

My hon. Friend is getting to the crux of the matter. For an organisation that many of our constit...

Guto Bebb | 604 c832 (Link to this contribution)

I agree entirely with my hon. Friend, who has been a firm supporter of the APPG since its establi...

Alex Chalk | 604 c833 (Link to this contribution)

May I declare an interest, Mr Speaker? As a barrister, I was instructed by the FCA to prosecute s...

Guto Bebb | 604 c833 (Link to this contribution)

Again, I fully endorse those comments. We are in this House this evening almost giving a cry for ...

Liz Saville Roberts | 604 c833 (Link to this contribution)

I wish to raise a wider issue. Unregulated collective investment schemes are not permitted to be ...

Guto Bebb | 604 c833 (Link to this contribution)

That is a point that I subscribe to and agree with, and it should be considered in due course.

Liz McInnes | 604 c833 (Link to this contribution)

I wish to add my voice to those of other hon. Members who have expressed concerns on behalf of th...

Guto Bebb | 604 cc833-4 (Link to this contribution)

The hon. Lady has asked my fourth and fifth questions.

My fourth question is this: 10 month...

Peter Aldous | 604 c834 (Link to this contribution)

I understand this situation very well. My constituent, Charles Rodbourne, has lost the bulk of hi...

Guto Bebb | 604 c834 (Link to this contribution)

I join my hon. Friend in urging the Minister to do just that. In relation to my five questions, I...

Ruth Cadbury | 604 c834 (Link to this contribution)

I congratulate the hon. Gentleman on securing this debate, because I, too, have constituents who ...

Guto Bebb | 604 cc834-5 (Link to this contribution)

Again, I would agree with those comments.

If blanket decisions are being made on the basis ...

Harriett Baldwin | 604 c835 (Link to this contribution)

I congratulate my hon. Friend the Member for Aberconwy (Guto Bebb) on securing this debate, chair...

Harriett Baldwin | 604 cc835-6 (Link to this contribution)

Given the shortness of time, I will make a bit of progress. If I have time, I will come back to t...

Harriett Baldwin | 604 c836 (Link to this contribution)

I have so little time.

The FCA is now conducting formal investigations into the activities ...

David Nuttall | 604 c836 (Link to this contribution)

Will my hon. Friend please give way?

Harriett Baldwin | 604 cc836-7 (Link to this contribution)

I have so little time, but I will try to make progress and then give way.

The FCA is an ind...

Harriett Baldwin | 604 c837 (Link to this contribution)

I shall give way to the hon. Member for East Renfrewshire (Kirsten Oswald) first.

Kirsten Oswald | 604 c837 (Link to this contribution)

I am grateful to the hon. Lady for giving way. In response to a written question I was referred t...

Harriett Baldwin | 604 c837 (Link to this contribution)

The hon. Lady has been assiduous in tabling a number of parliamentary questions. I think I am rig...

David Nuttall | 604 c837 (Link to this contribution)

I appreciate that the Minister does not want to comment, but given the strength of feeling this e...

Harriett Baldwin | 604 c838 (Link to this contribution)

I am sure my hon. Friend would not want me to interfere in a number of different FCA matters, but...

Mary Robinson | 604 c838 (Link to this contribution)

I am grateful to my hon. Friend. Does she agree that at the heart of this are many elderly people...

Harriett Baldwin | 604 c838 (Link to this contribution)

There clearly is a lot to investigate in this case. As I said, the FCA is doing its utmost to sec...

Subjects
Investment Financial Services Authority Misrepresentation Regulation Capita Financial Conduct Authority Connaught Income Series 1 Fund
Link
View this Parliamentary proceeding on www.publications.parliament.uk