Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether she plans to bring forward proposals to counter financial discrimination against cancer survivors.
The Government recognises the importance of access to useful and appropriate financial products. We work closely with the Financial Conduct Authority (FCA), the independent regulator of the UK's financial services sector, to ensure that customers are treated fairly by firms.
While the pricing and availability of financial services and products is a commercial decision for firms, FCA rules require the price a consumer pays for a product or service be reasonable compared to the overall benefits they can expect to receive. The FCA also expects that customers get the right support with their financial products, particularly where their personal circumstances, including health conditions, may make them more susceptible to harm.
The Government is committed to improving financial inclusion and will continue to work with regulators, firms, and the third sector to this end.