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Worries over mis-selling fallout

Criticism for Island's pensions authority

There are concerns about what sanctions the Island's financial regulator could face over the Scottish Power mis-selling scandal.

South Douglas MHK Kate Beecroft has a question on the matter for the Treasury minister in the House of Keys today.

A UK All-Party Parliamentary Group's report has concluded the Isle of Man Insurance and Pensions Authority failed more than 600,000 customers of the energy provider.

A Scottish Power cashback scheme for its white goods - which was insured by Manx companies - collapsed, leaving people £200 out of pocket.

Mrs Beecroft says the report's findings are pretty damning:

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