Written question asked by Andrew Love (Labour) on Wednesday, 25 October 2000, in the House of Commons. It was due for an answer on Wednesday, 8 November 2000. It was answered by Melanie Johnson (Labour) on Wednesday, 8 November 2000 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, if he will list those employees in the financial services sector who have been disciplined by the regulatory authorities for misdeeds relating to the mis-selling of pensions, including financial penalties and those relating to terms of employment; and if he will make a statement. - Inc figures.

Answer: Mr. Love: To ask the Chancellor of the Exchequer if he will list those employees in the financial services sector who have been disciplined by the regulatory authorities for misdeeds relating to the mis-selling of pensions, including financial penalties and those relating to terms of employment; and if he will make a statement. [135660] Miss Melanie Johnson: No individual employees have been disciplined by the regulators for failures to pursue the review of personal pensions mis-selling. However, the Personal Investment Authority, as the main regulator for firms carrying out the review, has taken disciplinary action by fining 314 firms over £7 million in total, expelling four and reprimanding one.

Secondary information