Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, whether (a) his Department or (b) the FCA holds information on the number of complaints submitted to the Financial Ombudsman Scheme for the mis-selling of non-insurance debt freeze or debt waiver products that have been declined on the basis that they are not PPI products.
The regulation of payment protection insurance (PPI) and debt freeze and waiver products is a matter for the Financial Conduct Authority (FCA).
We have passed the Honourable Gentleman’s questions on to the FCA, who will reply directly to him by letter. A copy of the letter will be placed in the Library of the House.