Pensions — Question

Part of the debate – in the House of Lords at 11:30 am on 12 December 2013.

Alert me about debates like this

Photo of Lord Foulkes of Cumnock Lord Foulkes of Cumnock Labour 11:30, 12 December 2013

My Lords, will the Minister join me in thanking the Daily Telegraph and Daily Mail for exposing this latest example of financial institutions cheating their customers? Will he ensure that the Financial Conduct Authority deals with them firmly, as it did yesterday with RBS and Lloyds? Could he also look at some way of ensuring that the people who are punished are those in the institutions responsible and not the bodies themselves, which pass on the costs to their long-suffering customers?