HC Deb 05 November 1998 vol 318 c685W
24. Mr. Davidson

To ask the Chancellor of the Exchequer if he will make a statement about the measures he has put in place to ensure that people who have been mis-sold private pensions are compensated. [56884]

30. Mr. Pond

To ask the Chancellor of the Exchequer what measures he is taking to ensure that compensation is paid to people who were mis-sold private pensions. [56890]

Ms Hewitt

The regulatory system for investment firms was set up under the Financial Services Act (1986), and the regulators have implemented the review of pensions mis-selling under the provisions of the Act.

The latest evidence is that, in 78 per cent. of priority cases, reviews have been completed.

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