Pensions Mis-selling (Hansard, 7 November 2001)

HC Deb 07 November 2001 vol 374 c255W 255W

§ Mr. Chope
To ask the Chancellor of the Exchequer if he will make it his policy that penalties imposed by the FSA on insurance companies for mis-selling should be a charge to shareholders and not to with-profits funds; and if he will make a statement. [12843]

§ Ruth Kelly
I refer the hon. Gentleman to paragraphs 11 and 12 of the Government's response to the Treasury Committee's ninth report 1997–98 session, "The Mis-selling of Personal Pensions", which was published by the Committee as its first special report on 12 January 1998.