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Proceeding contribution from Rob Marris (Labour) in the House of Commons on Tuesday, 21 July 2009. It occurred during Urgent question on Equitable Life.


Equitable Life

I lost a small amount in the Equitable Life fiasco. May I urge my right hon. Friend not to be so stubborn and slow about this? Responsibility for these losses rests in three parts: first, with savers; secondly, with Equitable Life itself; and thirdly with the Government for what they themselves admit is maladministration. I urge my right hon. Friend to revisit the question of compensation: it would be much quicker, and they could put a cap on it, so that smaller savers would receive proportionately more. Will he revisit that issue?


Secondary information

Type
Proceeding contribution
Reference
496 c754 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Equitable Life Ex-gratia Payment Scheme Review Compensation Inquiries Insurance companies Equitable Life Assurance Society Maladministration Life insurance
Link
View this Proceeding contribution on www.publications.parliament.uk