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In a hearing on Tuesday 23 November 2010, Hector Sants, Chief Executive of the Financial Services Authority told the Treasury Committee that the Retail Distribution Review had three specific outcomes:
The Treasury Committee undertook an inquiry on these specific points: whether the RDR will achieve the stated outcomes and whether the outcomes could be achieved in other, potentially better, ways.
Correspondence between Andrew Tyrie and the FSA published on the RDR
Mr Andrew Tyrie MP said "Our exchanges with the Financial Services Authority about the RDR will inform the approach we take in ensuring high levels of accountability are put in place for the new Financial Conduct Authority"
MPs release findings in new report
Volume II: Additional written evidence
Volume I: Report, together with formal
minutes, oral and written evidence
Report, together with formal minutes