Question
Asked by
To ask Her Majesty's Government how they will respond to those with investments frozen in the Presbyterian Mutual Society. [HL520]
The Ministerial Working Group on the Presbyterian Mutual Society is currently considering all available options for assisting members whose investments in the society have been frozen. This issue raises a number of complex problems that require careful consideration and it would be premature to speculate about how the Government will respond until these have been resolved.
Asked by
To ask Her Majesty's Government whether their treatment of investors in the Presbyterian Mutual Society took account of the treatment of investors in the Dunfermline Building Society. [HL521]
The Ministerial Working Group on the Presbyterian Mutual Society will take account of all of the Government's previous interventions in the financial services sector when deciding how to respond to the problems facing investors in the Presbyterian Mutual Society.