1-8 of 8 results for subject:Misrepresentation
Librarians' tools
- Search time
- 0.224 seconds
- Solr query time
- 0.003 seconds
- Search query
- subject:Misrepresentation
- We searched for
- subject_t:Misrepresentation OR subject_ses:92053
Type
House
Session
Year
Department
Member
Primary member
More
Answering member
Legislative stage
Legislation
Subject
Publisher
To ask Mr Chancellor of the Exchequer, for what reason the Financial Conduct Authority does not include professional fees when assessing the amount of compensation which should be paid to people who have been mis-sold policies.
To ask Mr Chancellor of the Exchequer, for what reason the Financial Conduct Authority does not include professional fees when assessing the amount of compensation which should be paid to people who have been mis-sold policies.
The Government has been very clear that the mis-selling of financial products is wrong and it is important that those businesses that have been affected are appropriately compensated.
The Financial Conduct Authority is an independent regulator and the Government does not have any involvement in how the FCA decides to conduct its investigations.
In the case of the FCA review into the mis-selling of interest rate hedging products, the decision on whether there should be a separate appeals process was one for the FCA to take.
It is important to note, however, that the role of the independent reviewer who oversees the review of each case is to ensure that the process is fair and businesses have adequate opportunity to put forward their case.
Furthermore, eligible businesses with a turnover of less than €2 million and fewer than 10 employees also have recourse to the Financial Ombudsman Service (FOS) if they are not happy with the outcome of their review.
Regarding the inclusion of professional fees in compensation packages, the FCA’s view is that redress should be fair and reasonable in the circumstances. This is consistent with the way the FOS awards compensation. As such, it may be appropriate for compensation to include professional fees in some situations
To ask the Chancellor of the Exchequer what steps he is taking to warn people of the dangers of using lookalike websites when completing their tax return online; and if he will make a statement.
To ask the Chancellor of the Exchequer what steps he is taking to warn people of the dangers of using lookalike websites when completing their tax return online; and if he will make a statement.
HMRC takes customer confidence in their online services very seriously. HMRC will continue to publish information through various media channels to help point customers to free to use online services. We are also working with industry experts to mitigate the risks posed by copycat websites to our customers.
The issue of copycat websites is not limited to tax returns and a relevant update has been published at:
www.gov.uk/government/news/misleading-websites-to-face-the-squeeze
To ask the Chancellor of the Exchequer what the average time taken was by the Financial Ombudsman Service to determine claims for pensions mis-selling in 2004–05; and if he will make a statement.
To ask the Chancellor of the Exchequer what the average time taken was by the Financial Ombudsman Service to determine claims for pensions mis-selling in 2004–05; and if he will make a statement.
To ask the Chancellor of the Exchequer what recent discussions he has had with the Financial Ombudsman Service on steps it can take to speed up the consideration of claims for pension mis-selling; and if he will make a statement.
To ask the Chancellor of the Exchequer what recent discussions he has had with the Financial Ombudsman Service on steps it can take to speed up the consideration of claims for pension mis-selling; and if he will make a statement.
To ask the Secretary of State for Trade and Industry, what discussions she has had with consumer groups about misleading letters sent through the post to people suggesting that they have won prizes; and if she will make a statement.
To ask the Secretary of State for Trade and Industry, what discussions she has had with consumer groups about misleading letters sent through the post to people suggesting that they have won prizes; and if she will make a statement.
To ask the Secretary of State for Social Security, what evidence he will require before compensation is paid as proof that a person has lost financially as a result of receiving inaccurate information from a Government department regarding changes to inherited SERPS; and if he will make a statement.
To ask the Secretary of State for Social Security, what evidence he will require before compensation is paid as proof that a person has lost financially as a result of receiving inaccurate information from a Government department regarding changes to inherited SERPS; and if he will make a statement.