Written question asked by Vincent Cable (Liberal Democrat) on Monday, 12 February 2001, in the House of Commons. It was due for an answer on Monday, 26 February 2001. It was answered by Melanie Johnson (Labour) on Monday, 26 February 2001 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, if (a) his Department and (b) the Financial Services Authority is carrying out an investigation into the implications of the proposed acquisition by Halifax plc of the operations of Equitable Life and its implications for policyholders. - (Holding answer 15 February 2001).

Answer: Dr. Cable: To ask the Chancellor of the Exchequer if (a) his Department and (b) the Financial Services Authority is carrying out an investigation into the implications of the proposed acquisition by Halifax plc of the operations of Equitable Life and its implications for policyholders. [150440] Miss Melanie Johnson: [holding answer 15 February 2001]: We understand that the FSA is working closely with Equitable Life and the Halifax to ensure that the proposal meets the FSA's regulatory criteria and that it protects the interests of policyholders.

Secondary information

Type: Written question
Reference: 150440; 363 c517W
Session: 2000-01
Subjects: Building societies Insurance companies Financial Services Authority Equitable Life Assurance Society Protection Life insurance Takeovers Halifax plc
Link: View this Written question on www.publications.parliament.uk