| |
Centre for Policy on Ageing | |
 | |
|
Financial Services Authority consultation 09/11: FCSC: temporary high deposit balances and implementing changes to the Deposit Guarantee Schemes Directive
— [summary of] consultation response | | Author(s) | Jane Vass |
| Corporate Author | Age Concern and Help the Aged |
| Publisher | Age Concern and Help the Aged, London, June 2009 |
| Pages | 3 pp (Consultation response, Ref: 3609(S)) |
| Source | Age Concern England, Astral House, 1268 London Road, London SW16 4ER. www.ageconcern.org.uk Help the Aged, 207-221 Pentonville Road, London N1 9UZ. www.helptheaged.org.uk |
| Keywords | Banks ; Financial services [older people] ; Consumer protection ; Age Concern ; Help the Aged ; Comments or Evidence submitted. |
| Annotation | The Financial Services Authority (FSA) is seeking views on whether the Financial Services Compensation Scheme (FCSC) should provide extra protection for holders of temporary high deposit balances in the event of the failure of a UK bank, if the European Union (EU) Deposit Guarantee Schemes Directive provides the UK with the scope to provide such protection. Age Concern and Help the Aged comment on the FSA's proposals which are generally welcomed, but does not support the proposal that the special treatment should be time-limited. (RH). |
| Accession Number | CPA-090910004 P |
| Classmark | WNM: J: WYP: PT: PYH: 6PM * |
Data © Centre for Policy on Ageing |
|
| ...from the Ageinfo database published by Centre for Policy on Ageing. |
| |
|