The Long Wait for Justice at Equitable Life

Summary


Ann Abraham, the Parliamentary Ombudsman, has just updated the battered and bruised policyholders of Equitable Life about the progress of her long-awaited report into the suspect regulation of the mutual before it hit the rocks in late 2001.

Like all Abrahams previous progress reports on Equitable Life, it is not good news, just confirmation of yet more frustrating delays.

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Extract


The Long Wait for Justice at Equitable Life

As yet there is not a sniff of the Pounds 4 billion of compensation that some policyholders are hoping Abraham will recommend the Government pays for idly standing by and allowing people to continue to take out policies with...

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