Insurance: Misrepresentation

(asked on 3rd June 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment (a) his Department and (b) the FCA has made of the potential merits of excluding vulnerable consumers, such as those claiming on behalf of a deceased person, from the deadline for claims for the mis-selling of PPI.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 11th June 2019

The Government has been clear that the mis-selling of Payment Protection Insurance (PPI) was wrong, and affected consumers should receive redress.

The deadline for making PPI claims and supporting consumers in making PPI claims are matters for the Financial Conduct Authority (FCA), which is operationally independent from Government. The question has therefore been passed on to the FCA who will reply directly to the honourable member. A copy of their response will be placed in the Library of the House.

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