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Written question asked by Harry Cohen (Labour) on Thursday, 17 July 2008, in the House of Commons. It was due for an answer on Monday, 21 July 2008. It was answered by Baroness Ussher (Labour) on Monday, 21 July 2008 on behalf of the Treasury.


Insurance: Unfair Practices

Question
To ask the Chancellor of the Exchequer what steps his Department proposes to take on overcharging in relation to payment protection insurance policies as reported by the Competition Commission.
Answer

The Competition Commission's report of 5 June 2008 on payment protection insurance is a provisional findings report. Her Majesty's Treasury will maintain a close dialogue with industry and the independent Financial Ombudsman Service, Financial Services Authority, Competition Commission, and the Office of Fair Trading.


Secondary information

Type
Written question
Reference
220868; 479 c727W;479 c725W
Session
2007-08
Subjects
Insurance Unfair practices
Link
View this Written question on www.publications.parliament.uk