Written question asked by Tim Collins (Conservative) on Wednesday, 20 January 1999, in the House of Commons. It was due for an answer on Tuesday, 26 January 1999. It was answered by Patricia Hewitt (Labour) on Tuesday, 26 January 1999 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, what proposals he has to introduce an independent appeals element into the decisions of the Personal Investment Authority; and if he will make a statement.

Answer: Mr. Collins: To ask the Chancellor of the Exchequer what proposals he has to introduce an independent appeals element into the decisions of the Personal Investment Authority; and if he will make a statement. [67646] Ms Hewitt: As a self-regulating organisation, the Personal Investment Authority must have fair and reasonable rules for admission, expulsion and discipline over its member firms, with scope for appeals. The adequacy of these arrangements is a matter for the Financial Services Authority.

Secondary information