HC Deb 06 May 2003 vol 404 cc618-9W
Mr. Gardiner

To ask the Chancellor of the Exchequer (1) whether the Financial Services Authority intends to conduct surveys to assess how consumer confidence in financial services products would be affected by the options put forward in the FSA's discussion paper 19; [111458]

(2) if the Financial Services Authority will provide a cost/benefit analysis for the three options discussed in the FSA's discussion paper 19; [111446]

(3) whether the Financial Services Authority will be publishing detailed estimates of the reductions in unit costs that would be offered by the options for pension regulation put forward in the FSA's discussion paper 19; [111442]

(4) what indication the Financial Services Authority has received from the financial services industry of the number of new savers with low incomes that would be likely to start saving as a result of the proposals laid out in the FSA's discussion paper 19; [111438]

(5) if he will make a statement on the response received from the Consumer Association to the Financial Services Authority Discussion Paper 19 on simplified investment products. [111434]

Ruth Kelly

The design of the sales process for the proposed new range of Sandier products is a matter for the Financial Services Authority. They will be taking forward the options set out in their Discussion Paper 19 in the light of responses received and in accordance with the statutory requirements of the Financial Services and Markets Act 2000.

Forward to