Early Day Motions

ENDOWMENT POLICIES

EDM (Early Day Motion) 238: tabled on 22 November 2006

Tabled in the 2006-07 session.

This motion has been signed by 30 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 notes that about 80,000 endowment policies are sold each year in the United Kingdom; acknowledges that there is a general recognition that while these policies provided a useful repayment vehicle for paying off mortgages when interest rates and stock market returns were much higher, this has not been the case for some time; and calls upon the financial services industry to undertake a fundamental re-assessment of the commission basis on which many of these products are sold in order to protect home owners who have depended on policy proceeds to redeem their mortgages.

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.

Campbell, Mr Gregory
Democratic Unionist Party
Signed on 22 November 2006
East Londonderry
Primary
Dodds, Mr Nigel
Democratic Unionist Party
Signed on 22 November 2006
Belfast North
McCrea, Rev Dr William
Democratic Unionist Party
Signed on 22 November 2006
South Antrim
Simpson, David
Democratic Unionist Party
Signed on 22 November 2006
Upper Bann
Wilson, Sammy
Democratic Unionist Party
Signed on 22 November 2006
East Antrim
Durkan, Mark
Social Democratic & Labour Party
Signed on 22 November 2006
Foyle

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

Bottomley, Sir Peter
Conservative
Signed on 27 November 2006
Worthing West
Brown, Lyn
Labour
Signed on 6 December 2006
West Ham
Cohen, Harry
Labour
Signed on 30 November 2006
Leyton and Wanstead
Conway, Derek
Conservative
Signed on 23 November 2006
Old Bexley and Sidcup
Crausby, Mr David
Labour
Signed on 30 November 2006
Bolton North East
Cryer, Mrs Ann
Labour
Signed on 23 November 2006
Keighley
Flynn, Paul
Labour
Signed on 23 November 2006
Newport West
George, Andrew
Liberal Democrat
Signed on 22 November 2006
St Ives
Godsiff, Mr Roger
Labour
Signed on 29 November 2006
Birmingham, Sparkbrook and Small Heath
Hemming, John
Liberal Democrat
Signed on 23 November 2006
Birmingham, Yardley
Hermon, Lady Sylvia
Ulster Unionist Party
Signed on 29 November 2006
North Down
Holmes, Paul
Liberal Democrat
Signed on 23 November 2006
Chesterfield
Horam, Mr John
Conservative
Signed on 11 December 2006
Orpington
Jenkins, Mr Brian
Labour
Signed on 23 November 2006
Tamworth
Jones, Lynne
Labour
Signed on 23 November 2006
Birmingham, Selly Oak
Llwyd, Mr Elfyn
Plaid Cymru
Signed on 23 November 2006
Meirionnydd Nant Conwy
McDonnell, Dr Alasdair
Social Democratic & Labour Party
Signed on 5 December 2006
Belfast South
McDonnell, John
Labour
Signed on 27 November 2006
Hayes and Harlington
Robinson, Mrs Iris
Democratic Unionist Party
Signed on 28 November 2006
Strangford
Spink, Bob
Conservative
Signed on 22 November 2006
Castle Point
Taylor, David
Labour
Signed on 23 November 2006
North West Leicestershire
Vis, Dr Rudi
Labour
Signed on 29 November 2006
Finchley and Golders Green
Williams, Mrs Betty
Labour
Signed on 27 November 2006
Conwy
Wilshire, Mr David
Conservative
Signed on 29 November 2006
Spelthorne

There are no withdrawn signatures for this motion.