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Hewitt signals end of name and shame list for phase one

Treasury economic secretary Patricia Hewitt has announced the end of the monthly name and shame list for phase one of the pensions review.

She says the 21 remaining firms have been removed from the Treasury&#39s list, joining the 20 firms that have earned promotion from the list.

Ms Hewitt says: &#34It is good news that it is no longer necessary to publish figures for the priority review. PIA is satisfied that all 41 firms have now devoted significant energy and resources to compensating their missold customers, and I am pleased to take their advice and suspend publication of the list.&#34

But she warns that she still wants to see swift progress on phase two.


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