§ Mr. BattleTo ask the Chancellor of the Exchequer if he will seek to assess the Financial Services Act 1986 to include the sale of mortgage protection policies.
§ Mr. NelsonI have no plans to extend the range of insurance products which fall within the scope of the Financial Services Act 1986.
§ Mr. BattleTo ask the Chancellor of the Exchequer what steps his Department plans to take to encourage the development of mortgage protection policies for borrowers.
§ Mr. NelsonThe Government believe that the development of mortgage protection policies is a matter for the insurance market.