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Fourteenth Report - Investigation into the British Steel Pension Scheme

Public Accounts Committee HC 251 Published 21 July 2022
Report Status
Government responded
Conclusions & Recommendations
23 items (5 recs)
Government Response
AI assessment · 23 of 23 classified
Accepted 1
Accepted in Part 1
Acknowledged 15
Deferred 1
Not Addressed 2
Rejected 3
Government response
Treasury minutes: Government response to the Committee of Public Accounts on the Fourteenth report from Session 2022-23 · published 14 Oct 2022
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Recommendations & Conclusions

1 item
21 Conclusion Deferred

There are also wider uncertainties within the advice market, including the provision of Professional Indemnity...

Conclusion
There are also wider uncertainties within the advice market, including the provision of Professional Indemnity Insurance (PII). PIMFA told us that the availability of PII has become severely limited because insurers are struggling to accurately predict the risk of 58 … Read more
Government Response Summary
The FCA, FOS and FSCS will write to the committee on 21 January 2023 to explain what they are doing to manage risks in the redress system for financial service.
HM Treasury
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