Maiden Life Försäkrings — Written Question

Question

Brian Leishman

Labour — Alloa and Grangemouth

To ask the Chancellor of the Exchequer, if she will have discussions with the Financial Conduct Authority to ensure that (a) Vulnerability Assessments and (b) a Consumer Duty Review are conducted before the withdrawal of the Family Protection Plan by C Mu

Answer

Lucy Rigby

It is for the FCA as the regulator of financial services to decide whether to take any steps in relation to this issue and I can confirm that HMT has asked the FCA to look into this matter. The FCA will respond directly to the Honourable Member by letter....

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