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Pensions Mis-Selling

Volume 308: debated on Tuesday 10 March 1998

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To ask the Chancellor of the Exchequer if he will encourage those major pension providers who have units dedicated to dealing with problems arising from mis-selling of personal pensions to make their expertise available to the independent financial adviser market. [33109]

The longer the scandal of pensions mis-selling continues, the greater the damage to the reputation of the UK financial services industry. Accordingly, it would be welcome if large firms were able to do what they could to assist independent financial advisers to process their reviews of personal pensions.