MIS-SELLING OF FINANCIAL PRODUCTS
Early day motion 5, tabled 6 December 2000 by Paul Flynn (Labour). Signed by 68 members.
That this House congratulates the Financial Services Authority for imposing a time and compensation requirement of ú52 million on the Royal Scottish Assurance for mis-selling endowment mortgages; and looks forward to further fines and the punishment of directors and salespersons of companies who have acted improperly and impoverished millions of people by mis-selling pensions, mortgages and general insurance policies.
Signatures by party: Labour 54, Liberal Democrat 10, Labour/Co-operative 3, Plaid Cymru 1.