§ Mr. ViggersTo ask the Chancellor of the Exchequer what proposals he has to improve the effectiveness of the Life Assurance and Unit Trust Regulatory Organisation in securing compensation for customers of insurance companies who have been sold insurance policies by salesmen who have stolen the premiums.
§ Mr. NelsonThe effectiveness of the Life Assurance and Unit Trust Regulatory Organisation is primarily a matter for the Securities and Investments Board.
§ Mr. ViggersTo aks the Chancellor of the Exchequer what representations he has received concerning the conduct of the Life Assurance and Unit Trust Regulatory Organisation in securing compensation for customers of the Royal Life insurance company affected by the activities of the company's former employee, Mr. Kissane.
§ Mr. NelsonI regulary receive representations on a wide range of matters relevant to the Financial Services Act. Vie conduct of individual cases is a matter for the regulatory bodies.