Could the Office of Fair Trading and the Competition Commission come into this as bodies that could make a reference and consider this emerging and changing market where apparently there are bad practices? One of the difficulties I have is that I listened to my noble friend Lord Hunt telling me about endowment policies. I would love to see a list of bad practices and not just be referred to one. If it really is an unregulated market that is not going to settle down and has to be regulated, some clear idea of the abuses taking place in that market is a fairly essential part of the information which the Committee needs.
Compensation Bill [HL]
Proceeding contribution from
Viscount Eccles
(Conservative)
in the House of Lords on Tuesday, 20 December 2005.
It occurred during Debate on bills
and
Committee proceeding on Compensation Bill [HL].
Type
Proceeding contribution
Reference
676 c300GC 
Session
2005-06
Chamber / Committee
House of Lords Grand Committee
Subjects
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Timestamp
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