Asked by: Peter Swallow (Labour - Bracknell)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to the Post-implementation review of the travel insurance signposting rules for consumers with medical conditions, published by the Financial Conduct Authority on 11 April 2024, what progress the Authority has made on implementation of the next steps.
Answered by Tulip Siddiq - Economic Secretary (HM Treasury)
The Government is determined that insurers treat customers fairly and they are required to do so under Financial Conduct Authority (FCA) rules.
Following its post-implementation review of its travel insurance signposting rules, the FCA set out a number of actions it would be taking to continue to improve access to travel insurance for customers with pre-exiting medical conditions.
The FCA, as the independent regulator for financial services, will provide updates on its next steps in due course.
Asked by: Peter Swallow (Labour - Bracknell)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether she has (a) received representations from and (b) held discussions with campaigners on the loan charge.
Answered by James Murray - Exchequer Secretary (HM Treasury)
I know that the loan charge is a very important matter for many members and their constituents. Within my first two weeks in office, I had my first meeting with campaigners to discuss the loan charge. The Chancellor and I have been considering this matter since taking office and will provide an update in due course.