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United Kingdom · Question · Written question

UIN 16656

Philips Trust Corporation

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

4 March 2024

Last action

7 March 2024 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

7 March 2024

Summary

To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of providing support to people who held policies with the Philips Trust Corporation Limited.

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

Timeline

  1. 4 March 2024

    Written question

    To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of providing support to people who held policies with the Philips Trust Corporation Limited.

    Source: Commons

  2. 7 March 2024

    Answer

    The Philips Trust Corporation was not authorised by the Financial Conduct Authority (FCA) or the Prudential Regulation Authority (PRA), and was not carrying out any regulated activities. As such, any losses are not covered by the Financial Services Compen...

    Source: Written answer

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