§ Mr. LoveTo ask the Chancellor of the Exchequer if he will list those employees in the financial services sector who have been disciplined by the regulatory authorities for misdeeds relating to the mis-selling of pensions, including financial penalties and those relating to terms of employment; and if he will make a statement. [135660]
§ Miss Melanie JohnsonNo individual employees have been disciplined by the regulators for failures to pursue the review of personal pensions mis-selling. However, the Personal Investment Authority, as the main regulator for firms carrying out the review, has taken disciplinary action by fining 314 firms over £7 million in total, expelling four and reprimanding one.