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UK Parliament · Public Bill · No. 1990

Financial Guidance and Claims Act 2018

[As Introduced]
A
BILL
to

This Act created new ways to help UK citizens with their money and pensions. It established free financial guidance services (especially about pensions) and improved the system for making complaints and getting compensation if financial companies treat you badly or give poor advice.

Presented by Baroness Buscombe.
✓ Passed into lawPublicLords
Official Ballot · The People's Chamber

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The people's count15 votes
100% Aye · 150% No · 0
MPs' vote548 MPs
47% Ayes · 25553% Noes · 293
The democratic gap

53% , a wide gap

Outcome mismatch, the public would pass this bill, but Parliament rejected it.

Bill passage

Commons

  • 1st reading22 Nov 2017
  • 2nd reading22 Jan 2018
  • Committee stage1 Feb 2018
  • Report stage12 Mar 2018
  • 3rd reading12 Mar 2018

Lords

  • 1st reading22 Jun 2017
  • 2nd reading5 Jul 2017
  • Committee stage19 Jul 2017
  • Report stage24 Oct 2017
  • 3rd reading21 Nov 2017
Royal Assent10 May 2018