§ Mr. TynanTo ask the Chancellor of the Exchequer how many of the cases reviewed under the FSA Review 215W of personal pensions sales have indicated a financial loss necessitating compensation; and of these, in how many cases the reviewing company has (a) recompensed that financial loss and (b) yet to recompense that financial loss. [76321]
§ Ruth KellyThe FSA Review indicated financial loss in 1,099,907 cases. Of these 1,006,173 cases have been recompensed, leaving 93,734 yet to be recompensed.
§ Mr. TynanTo ask the Chancellor of the Exchequer how many cases were reviewed and how many cases remain to be reviewed under(a) the Financial Services Authority Review of Personal Pensions Sales and (b) the FSA Review of Free Standing Additional Voluntary Contribution Sales. [76320]
§ Ruth KellyThe latest information from the FSA is as follows:
Number of Cases Personal Pensions Free Standing Additional Voluntary Contributions Reviewed 1,570,079 99,314 To be reviewed 41,028 5,644