515 Ms Burton asked the Minister for Finance if his attention has been drawn to the recent reports that customers who deal directly with life assurance companies rather than dealing with a broker are still being charged a full commission of up to 10 per cent which is reportedly back handed to some outside broker; the steps the Financial Regulator has taken to regulate the commission charged by life assurance companies and to protect the customers of such companies; if there are limits imposed on charges or commissions in respect of life insurance investment products in view of the fact that many of these investments are for pension purposes; and if he will make a statement on the matter. [29419/06]

Summary

515 Ms Burton asked the Minister for Finance if his attention has been drawn to the recent reports that customers who deal directly with life assurance companies rather than dealing with a broker are still being charged a full commission of up to 10 per cent which is reportedly back handed to some outside broker; the steps the Financial Regulator has taken to regulate the commission charged by life assurance companies and to protect the customers of such companies; if there are limits imposed on charges or commissions in respect of life insurance investment products in view of the fact that many of these investments are for pension purposes; and if he will make a statement on the matter. [29419/06]

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Financial Services Regulation.

  xml · EN · 27 September 2006

  ViewDownloadOpen at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.