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Ireland · Question · written

PQ 130

219 Deputy Joe McHugh asked the Minister for Finance the way he will assist home owners here who bought endowment policies in the 1980s and 1990s in view of the Credit Institutions (Financial Support) Bill 2008; if he is aware that these endowment policies were mis-sold on behalf of the banks by brokers who were encouraged with the reward of larger commissions; if the compensation he will provide will be similar to that supplied by the British Government to British purchasers of endowment policies; and if he will make a statement on the matter. [35468/08]

askedIreland· Dáil Éireann· EN

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21 October 2008

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21 October 2008

Summary

219 Deputy Joe McHugh asked the Minister for Finance the way he will assist home owners here who bought endowment policies in the 1980s and 1990s in view of the Credit Institutions (Financial Support) Bill 2008; if he is aware that these endowment policies were mis-sold on behalf of the banks by brokers who were encouraged with the reward of larger commissions; if the compensation he will provide will be similar to that supplied by the British Government to British purchasers of endowment policies; and if he will make a statement on the matter. [35468/08]

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Credit Institutions Support Scheme.

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