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1693352
registered interest false more like this
date less than 2024-03-04more like thismore than 2024-03-04
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Philips Trust Corporation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of providing support to people who held policies with the Philips Trust Corporation Limited. more like this
tabling member constituency North Durham remove filter
tabling member printed
Mr Kevan Jones more like this
uin 16656 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-03-07more like thismore than 2024-03-07
answer text <p>The Philips Trust Corporation was not authorised by the Financial Conduct Authority (FCA) or the Prudential Regulation Authority (PRA), and was not carrying out any regulated activities. As such, any losses are not covered by the Financial Services Compensation Scheme.</p><p>Consumers who have concerns about the role played by their bank or building society in relation to Philips Trust Corporation may be eligible to complain to the Financial Ombudsman Service (FOS). Whether a particular complaint is eligible or not is a matter for the FOS.</p> more like this
answering member constituency Hitchin and Harpenden more like this
answering member printed Bim Afolami more like this
question first answered
remove filter
answering member
4639
label Biography information for Bim Afolami more like this
tabling member
1438
label Biography information for Mr Kevan Jones more like this