Skip to main content

UNREGULATED COMPENSATION PURSUERS

EDM (Early Day Motion) 977: tabled on 22 March 2005

Tabled in the 2004-05 session.

This motion has been signed by 38 Members. It has not yet had any amendments submitted.

As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.

Motion text

That this House welcomes the advice of the Financial Services Authority (FSA) on endowment mis-selling compensation pursuers that `some companies...make a charge which is usually a large percentage of any compensation the consumer receives. This service does not need to be regulated by the FSA'; is concerned that the FSA also warns that using one of these companies to complain on your behalf may not increase your chances of getting compensation; notes that these companies impose a charge of 20 per cent. to 41 per cent. of compensation received for advice which is often of little or no value; commends the splendid step-by-step advice available at no cost from Which? and the FSA; and believes that all financial complaint pursuing services should be regulated by the FSA.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.

In addition to the sponsors, the following Members have signed to support the motion.

Bottomley, Sir Peter
Conservative
Signed on 23 March 2005
Worthing West
Brake, Tom
Liberal Democrat
Signed on 4 April 2005
Carshalton and Wallington
Breed, Mr Colin
Liberal Democrat
Signed on 24 March 2005
South East Cornwall
Caton, Mr Martin
Labour
Signed on 23 March 2005
Gower
Clarke, Mr Tony
Labour
Signed on 6 April 2005
Northampton South
Colman, Mr Tony
Labour
Signed on 5 April 2005
Putney
Cryer, Mrs Ann
Labour
Signed on 24 March 2005
Keighley
Dismore, Mr Andrew
Labour
Signed on 5 April 2005
Hendon
George, Andrew
Liberal Democrat
Signed on 22 March 2005
St Ives
Gill, Parmjit Singh
Liberal Democrat
Signed on 6 April 2005
Leicester South
Griffiths, Mr Win
Labour
Signed on 23 March 2005
Bridgend
Hancock, Mr Mike
Liberal Democrat
Signed on 4 April 2005
Portsmouth South
Heath, Mr David
Liberal Democrat
Signed on 24 March 2005
Somerton and Frome
Holmes, Paul
Liberal Democrat
Signed on 23 March 2005
Chesterfield
Hopkins, Kelvin
Labour
Signed on 5 April 2005
Luton North
Iddon, Dr Brian
Labour
Signed on 23 March 2005
Bolton South East
Jenkins, Mr Brian
Labour
Signed on 5 April 2005
Tamworth
Jones, Lynne
Labour
Signed on 23 March 2005
Birmingham, Selly Oak
Jones, Mr Nigel
Liberal Democrat
Signed on 23 March 2005
Cheltenham
Lazarowicz, Mark
Labour
Signed on 23 March 2005
Edinburgh North and Leith
Marshall, Mr David
Labour
Signed on 5 April 2005
Glasgow, Shettleston
McDonnell, John
Labour
Signed on 23 March 2005
Hayes and Harlington
McNamara, Mr Kevin
Labour
Signed on 22 March 2005
Kingston upon Hull North
Meale, Mr Alan
Labour
Signed on 23 March 2005
Mansfield
Morgan, Julie
Labour
Signed on 6 April 2005
Cardiff North
Perham, Linda
Labour
Signed on 4 April 2005
Ilford North
Rapson, Syd
Labour
Signed on 23 March 2005
Portsmouth North
Simpson, Alan
Labour
Signed on 6 April 2005
Nottingham South
Stunell, Andrew
Liberal Democrat
Signed on 4 April 2005
Hazel Grove
Taylor, David
Labour
Signed on 23 March 2005
North West Leicestershire
Tyler, Mr Paul
Liberal Democrat
Signed on 24 March 2005
North Cornwall
Vis, Dr Rudi
Labour
Signed on 23 March 2005
Finchley and Golders Green

There are no withdrawn signatures for this motion.