Early day motion tabled by primary sponsor Lord Boateng (Labour), on Friday, 13 December 1991, in the House of Commons. It is signed by 140 members in total.
HOME INCOME PLANS (INVESTMENT BOND SCHEMES)
That this House notes with great concern the plight of the thousands of pensioner households who face substantial loss and possible repossession of their homes through being sold wholly unsuitable investment bond-related home income plans by unscrupulous financial advisers; and calls on the Government to act to bring together representatives of the building societies' and independent financial advisers' regulatory bodies and any other interested parties in order to resolve the issue of liability for any compensation and to take steps to avoid others being adversely affected by such plans in the future.
Secondary information
- Type
- Early day motion
- Reference
- 397
- Session
- 1991-92
- Subjects
- Investment Financial services Pensioners
- Link
- View this Early day motion on www.parliament.uk
Librarians' tools
- Timestamp
- 2021-08-03 13:54:55 +0100
- URI
- http://data.parliament.uk/edms/4445
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/edms/4445
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- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/edms/4445