Written question asked by Peter Kilfoyle (Labour), in the House of Commons. It was due for an answer on Friday, 17 December 1993. It was answered by Anthony Nelson (Conservative) on Friday, 17 December 1993 on behalf of the Treasury.

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Treasury

Question

What powers the Securities and Investments Board has under the Financial Services Act 1986 to intervene with building societies and life assurance companies on the question of failed home income plans.

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Secondary information

Type

Written question

Reference

234 c976W;234 c972W

Session

1993-94

Subjects

Consumers Building societies Investment Protection Life insurance Equity sharing Securities and Investments Board