---

Treasury

Answer

Adam Price: To ask the Chancellor of the Exchequer how many individual general pensions mis-selling cases have been settled by compensation in the last year for which figures are available. [185766] Ruth Kelly: The Financial Services Authority, the Financial Ombudsman Service and the Financial Services Compensation Scheme are independent bodies. I understand from the Financial Services Authority, the Financial Ombudsman Service and the Financial Services Compensation Scheme that the following pensions cases has been resolved in the last year. _________________________________________________________________________________________________. Number of cases at 31 March 2004 Pensions review cases carried out by the financial industry 23,600 Pensions review cases conducted by the Financial Services 3,335 Authority in conjunction with the Financial Services Compensation Scheme for those firms that are unable to meet claims against them. Pension cases resolved by the Financial Ombudsman Service 6,265 (including those cases relating to personal pensions, pensions review, free-standing additional voluntary contributions schemes, annuity contracts and all other products with a pensions element.) _________________________________________________________________________________________________.

Secondary information

Type

Written question

Reference

424 c472-4W; 185766

Session

2003-04

Subjects

Compensation Financial services Pensions Misrepresentation

Contains statistics

Yes

Link

View this Written question on www.publications.parliament.uk