We have heard lots of stuff about MPs' expenses, but much more interesting and much more important are their outside interests. Below is a list of what John Gummer lists as his outside interests. Without picking unduly on Mr Gummer, how will his vote be affected by legislation on financial services advisors?
When we do get to question future MPs for the next Parliament, the most important question is - who pays you and for what?
GUMMER
, Rt. Hon. John Selwyn (Suffolk Coastal)
1. Remunerated directorships
Chairman, Sancroft International Ltd.; consultants providing advice and monitoring in
corporate responsibility and environmental, social, ethical and planning issues.
Chairman, Veolia (formerly Vivendi UK); water companies.
Chairman (non-executive), Valpak Ltd.; not-for-profit organisation for compliance with
packaging waste directive.
Chairman of the Association of Independent Financial Advisers; a representative trade
organisation.
Sovereign Reversions Limited (non-executive); home reversions.
Catholic Herald (non-executive); newspaper.
Sistema-Hals (non-executive director, corporate governance); Moscow-based real estate
development, management and investment company.
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2. Remunerated employment, office, profession, etc.
Articles in: Catholic Herald, Country Life, Estates Gazette, Planning, Evening Standard. I
also chair conferences. The subjects in both cases are usually property, sustainable
development and religious issues. The commitments arise largely from my previous
profession of journalism and all payments go to Sancroft which provides research staff,
information services, and all other facilities. Currently Sancroft would expect about £100,000
in payments, in respect of which I would receive some £30,000 in fees and dividends.
5. Gifts, benefits and hospitality (UK)
My wife and I received tickets for the Conservative Party’s ‘Black and White Party’ on 4
February 2009, paid for by Mr Christopher Moran, of London.
(Registered 20 March 2009)
8. Land and Property
A residential and commercial property in London, owned by family.
9. Registrable shareholdings
(a) Sancroft International Ltd.