HC Deb 22 March 2001 vol 365 cc357-8W
Mr. Laurence Robertson

To ask the Chancellor of the Exchequer what plans he has to take steps to allow financial services company representatives to sell the products of other companies; and if he will make a statement. [155067]

Miss Melanie Johnson

I welcome yesterday's announcement by the Financial Services Authority of their conclusions on the work they had undertaken in their Consultation Paper 80, "Reforming Polarisation: First Steps".

That Consultation Paper was issued following the exchange of letters with the FSA. Chairman, Sir Howard Davies, at the time of the pre-Budget report, when I welcomed their proposals for polarisation reform.

The FSA will seek views later this year to inform its continuing wider review of polarisation.