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Written question asked by Bill Tynan (Labour) on Thursday, 17 October 2002, in the House of Commons. It was due for an answer on Tuesday, 22 October 2002. It was answered by Ruth Kelly (Labour) on Tuesday, 22 October 2002 on behalf of the Treasury.


Treasury

Question
To ask Mr Chancellor of the Exchequer, how many of the cases reviewed under the FSA Review of Personal Pensions Sales have indicated a financial loss necessitating compensation; and of these, in how many cases the reviewing company has (a) recompensed that financial loss and (b) yet to recompense that financial loss. - Including figures.
Answer

Mr. Tynan: To ask the Chancellor of the Exchequer how many of the cases reviewed under the FSA Review of personal pensions sales have indicated a financial loss necessitating compensation; and of these, in how many cases the reviewing company has (a) recompensed that financial loss and (b) yet to recompense that financial loss. [76321] Ruth Kelly: The FSA Review indicated financial loss in 1,099,907 cases. Of these 1,006,173 cases have been recompensed, leaving 93,734 yet to be recompensed.


Secondary information

Type
Written question
Reference
391 c215W;391 c214-5W; 76321
Session
2001-02
Subjects
Compensation Financial Services Authority Personal pensions Misrepresentation Sales Reviews
Link
View this Written question on www.publications.parliament.uk