Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what estimate he has made of the number of and outcomes achieved by (a) Connaught Fund investors and (b) other investors who have sought payment from the Financial Services Compensation Scheme when their independent financial adviser has declared a default on an award of compensation by the Financial Ombudsman's Service; and if he will publish that assessment.

Her Majesty’s Treasury does not keep records of cases of investors who have sought compensation from the Financial Services Compensation Scheme.

The Honourable Member should contact the Financial Services Compensation Scheme directly with inquiries relating to compensation claims.