Mis-Selling Of Financial Products
EDM number 5 in 2000-01, proposed by Paul Flynn on 06/12/2000.
That this House congratulates the Financial Services Authority for imposing a time and compensation requirement of ú52 million on the Royal Scottish Assurance for mis-selling endowment mortgages; and looks forward to further fines and the punishment of directors and salespersons of companies who have acted improperly and impoverished millions of people by mis-selling pensions, mortgages and general insurance policies.
This motion has been signed by a total of 68 MPs.
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