Question

Asked by Frank McNally to Treasury on 03 November 2026 — tabled under the Andy Burnham government

2. What discussions he has had with the Financial Conduct Authority on the impact of the withdrawal of the family protection plan by CMutual and Maiden Life Försäkrings on policyholders.

Answer

Answered by Lucy Rigby (Labour)

I thank my hon. Friend for his work on the family protection plan issue, which I know affects hundreds of his constituents and many other people. As he knows, we have engaged with the FCA on the impact of its withdrawal. I want to see this matter resolved in a satisfactory way, and I look forward to engaging with him further to that end.
20% vibes

Verdict: AMBER (30/100)

The reply confirms that the department has engaged with the Financial Conduct Authority on the impact of the withdrawal, which touches the subject of the question. However, it does not say what that engagement involved, such as its form, frequency or content, and the response mostly points to future engagement with the MP. The answer is therefore only partly responsive and hedged, and the MP would likely need to ask again for specifics.

How we got there

Question itemCoverageSpecificityRationale
What is the nature of the department's engagement with the Financial Conduct Authority on the impact on policyholders of the withdrawal of the family protection plan by CMutual and Maiden Life Försäkrings. Partially Addressed Hedged Statement 3 confirms the department has engaged with the FCA on the impact of the withdrawal, which touches the item's subject, but it says nothing about what that engagement involves (form, frequency, or content). Statement 5 is a forward-looking commitment to engage further with the MP and does not describe the nature of the existing engagement.

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