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Political action has taken us a long way so far and could resolve the problem once and for all provided we keep reminding our MPs. The first Lehman Structured Product EDM in 2009 resulted in a Westminster debate, the FSA review and compensation for Capital Secure victims. Many MPs thought the job was done at that point, and are now surprised to hear that two thirds of victims are still waiting. MPs are busy people, and the best way to get them listening is to go and see them in person at their local surgery. Show them the documentation, show them the newspaper articles, and tell them how this is affecting you personally. Protocol does not allow MPs to take on issues unless they are raised by members of their constituency. We cannot, for example, send a mass mail-shot to MPs as a group. However, there is nothing to stop a member of your family approaching their own local MP if they live in a different area. We need all group members to see their MPs so that we get maximum awareness and support.

Some of our action group have not yet contacted their MPs.

MPs are taking up the matter on behalf of their constituents with:

- Hector Sants, CEO of the FSA to ask why FSCS are being allowed to ignore the findings of the FSA's 2009 review which found the marketing materials to be inadequate and resulted in NDFA, DRL and ARC being closed down
- Mark Hoban MP, Financial Secretary to the Treasury with responsibilities including FSCS matters to explain the rationale and inconsistency
- Mark Neale, CEO of FSCS
- George Osborne, the Chancellor of the Exchequer
- FSCS contact centre team to progress-chase

Many MPs have led and participated in the back bench Early Day Motions, and the Westminster debate calling for victims to be compensated. Two members of this group have MPs have raised the concern with their MPs who are members of the Treasury Select Committee

MPs may still table aural or written questions in the House

How to get your MP involved

Ed Vaizey MP joins Lehman protestors at the FSA

Often the best way to lobby Parliamentarians is from the grass-roots up, as they are much more likely to respond to issues affecting their constituents. A united response from this action group, and your meeting with your MP should help raise the profile of uncompensated Lehman mis-selling victims, particularly if enough of us do this. You can build a relationship and influence with your MP, and spur them into action on our behalf

MPs represent an average of 60,000 people and receive hundreds of letters, telephone calls, e-mails and invitations every week. Most MPs have offices both in their constituency and in Westminster. They are usually required to be in Parliament from Monday to Thursday each week, when Parliament is sitting (which roughly coincides with school terms). Friday is spent in the constituency, giving MPs a chance to have meetings with their staff, attend local events and hold surgeries for constituents. Many MPs also make themselves available over the weekend for events, meetings and surgeries.

If you do not know who your local MP is, the easiest way to find out is to use the following link which contains contact details and biographical information about MPs. Contact with your MP can be through correspondence or in person. Seeing the MP in person is an effective way of building a good relationship and encouraging them to take up the issue.

Local lobbying activity is an important opportunity to secure action and continuing support from your MP. You should prepare, in advance, a list of ways in which you want him/her to help you and then try to get their commitment. Meetings with MPs are quite business-like and they will expect a case to be put to them, outlining the issue, the effect it has had on you personally, and why they should become involved.
When raising issues with your MP, you should aim to win his/her commitment to one or more of the actions listed above.

Is your MP on the Treasury Select Committee?

The Treasury Select Committee is appointed by the House of Commons to examine the expenditure, administration and policy of HM Treasury, HM Revenue & Customs, and associated public bodies, including the Bank of England and the Financial Services Authority.

The Committee chooses its own subjects of inquiry. Depending on the subject, external deadlines, and the amount of oral evidence the Committee decides to take, an inquiry may last for several months and give rise to a report to the House; other inquiries may simply consist of a single day’s oral evidence which the Committee may publish without making a report.

If you are unhappy with the FSCS ruling, the FOS delays or the FSA's conduct, and if your MP is one of the following Select Committee members, please make sure the MP is aware of your concerns and the impact this is having on you and thousands of others. As ever, a personal visit to your MP's surgery is more effective than an email or letter.

Andrew Tyrie MP (Chair) - Chichester
Tom Blenkinsop MP - Middlesborough South and East Cleveland
John Cryer MP - Leyton and Wanstead
Michael Fallon MP - Sevenoaks
Mark Garnier MP - Wyre Forest
Stewart Hosie MP - Dundee East
Andrea Leadsom - MP South Northamptonshire (already supporting us)
Andy Love MP - Edmonton
John Mann MP - Bassetlaw
George Mudie MP - Leeds East
Jesse Norman MP - Hereford and South Herefordshire
David Ruffley MP - Macclesfield
John Thurso MP - Caithness, Sutherland and Easter Ross