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HOME INCOME SCHEMES

EDM (Early Day Motion) 290: tabled on 19 June 1992

Tabled in the 1992-93 session.

This motion has been signed by 24 Members. It has received 1 amendment.

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

Amendment to this motion

There has been an amendment submitted to this motion.

View details of the amendment

Motion text

That this House notes with great concern the anxiety and distress caused to so many elderly pensioners who took out wholly unsuitable home income schemes based on investment bonds following highly suspect advice from financial advisers; draws attention in particular to the role played by the Cheltenham and Gloucester Building Society in respect of schemes peddled by the now defunct Aylesbury Associates; and calls for an urgent inquiry into the history of this sad affair in order to ensure a proper level of compensation for the victims of these schemes and to ensure that appropriate steps are taken, if necessary by legislation, to prevent a recurrence of these tragic events.

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.

These members had previously signed the motion, but have now withdrawn their support. The date shown is when the Member withdrew their signature from the motion.

After a motion has been tabled, other Members can table amendments to it. Amendments to this motion are shown below.

HOME INCOME SCHEMES (Amendment 1)
after 'affair', insert ', including the responsibilities of Her Majesty's Government and the regulatory authorities,'.
Liberal Democrat, North Cornwall
2
signatures
EDM 290A1: tabled on 23 June 1992