§ Mr. John Fraser
asked the Secretary of State for Trade and Industry if he will seek to amend the Estate Agents Act to require estate agents to declare their interest in commissions on life insurance obtained in introducing purchasers to mortgages through the endowment method.
§ Mr. Butcher
No. The Financial Services Bill, which will be introduced shortly, will provide for the regulation of life insurance intermediaries of all sorts, including the disclosure of commission payments.