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1131004
star this property registered interest false more like this
star this property date less than 2019-06-10more like thismore than 2019-06-10
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury remove filter
unstar this property hansard heading Insurance remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what steps he is taking to ensure that insurance companies do not unfairly discriminate against consumers with (a) historical and (b) current mental health conditions. more like this
star this property tabling member constituency Livingston more like this
star this property tabling member printed
Hannah Bardell more like this
star this property uin 262447 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-06-13more like thismore than 2019-06-13
star this property answer text <p>The Government is determined that all insurers should treat customers fairly and firms are required to do so under the Financial Conduct Authority’s (FCA) rules.</p><p> </p><p>The FCA has placed access and vulnerability at the core of the its Mission and Business Plan. For example, it is currently exploring options for signposting consumers with pre-existing and historic medical conditions, such as mental health conditions, to specialist travel insurance providers so that these consumers are better able to access suitable insurance.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property question first answered
less than 2019-06-13T13:27:04.977Zmore like thismore than 2019-06-13T13:27:04.977Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
4486
star this property label Biography information for Hannah Bardell more like this
1122493
star this property registered interest false more like this
star this property date less than 2019-04-23more like thismore than 2019-04-23
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury remove filter
unstar this property hansard heading Insurance remove filter
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, what steps the Government is taking to protect consumers from the loyalty penalty in the insurance market. more like this
star this property tabling member constituency Newcastle upon Tyne North more like this
star this property tabling member printed
Catherine McKinnell more like this
star this property uin 246522 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2019-04-30more like thismore than 2019-04-30
star this property answer text <p>The Financial Conduct Authority (FCA) sets the conduct standards which insurance firms are required to meet so that consumers are treated fairly. The Government is committed to ensure that the insurance industry functions well for everyone and welcomed the launch of the FCA’s General Insurance Pricing Practices Market Study. We expect the FCA will report its interim findings in Autumn 2019. As part of this study, the FCA will consider all potential remedies that may be required to make the market work well for consumers. The Government is monitoring the outcomes of this Market Study closely and will engage with the FCA on the appropriate action that is required.</p> more like this
star this property answering member constituency Salisbury more like this
star this property answering member printed John Glen more like this
star this property question first answered
less than 2019-04-30T16:09:15.17Zmore like thismore than 2019-04-30T16:09:15.17Z
star this property answering member
4051
star this property label Biography information for John Glen more like this
star this property tabling member
4125
star this property label Biography information for Catherine McKinnell more like this
101698
star this property registered interest false more like this
star this property date less than 2014-10-29more like thismore than 2014-10-29
star this property answering body
HM Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury remove filter
unstar this property hansard heading Insurance remove filter
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government what assessment have they made of the fees and charges levied by the insurance industry. more like this
star this property tabling member printed
Lord Kennedy of Southwark more like this
star this property uin HL2520 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
unstar this property date of answer less than 2014-11-10more like thismore than 2014-11-10
star this property answer text <p>Decisions regarding the pricing of insurance products, including fees and levies charged are commercial decisions for individual insurers and the Government does not seek to intervene in these decisions. However, the Government is determined that customers should be treated fairly. The Financial Conduct Authority regulates the conduct of the insurance industry and requires firms to disclose information on fees to be paid for insurance products.</p><p> </p><p> </p><p> </p><p>As part of the Government’s automatic enrolment reforms, measures have recently been put forward to cap fees for workplace pensions to 0.75 per cent so that pensions savings are invested in value for money schemes.</p><p> </p> more like this
star this property answering member printed Lord Deighton more like this
star this property question first answered
less than 2014-11-10T18:04:02.2231446Zmore like thismore than 2014-11-10T18:04:02.2231446Z
star this property answering member
4262
star this property label Biography information for Lord Deighton more like this
star this property tabling member
4153
star this property label Biography information for Lord Kennedy of Southwark more like this