Summary
MEMBERS of troubled insurer Equitable Life will be told tomorrow that they face yet more delays before they find out if their battle for compensation from the Government will get the backing of parliamentary ombudsman Ann Abraham.
She has written to members telling them that her report into potential regulatory failure of the mutual prior to its near financial meltdown in 2001 will not now be published until next summer at the earliest. This is despite the fact that when she launched the inquiry in 2004, Abraham said she would publish her findings within a year.See the full content of this document
Extract
New Setback at Equitable
Abraham says in her le...
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