Proceeding contribution from Andrew Love (Labour) in the House of Commons on Thursday, 15 January 2009. It occurred during Ministerial statement on Equitable Life.
Equitable Life
I congratulate my right hon. Friend on her statement. I have two points. First, on the time scale, she has come up with what she describes as a simpler scheme. Does that mean that it will be quicker than that suggested by the ombudsman? Secondly, she said that hardship would be a significant criterion for compensation. Will she describe that a little more? Can she reassure those who have lost significant sums of money in Equitable Life that they will still be compensated?
Secondary information
- Type
- Proceeding contribution
- Reference
- 486 c386
- Session
- 2008-09
- Chamber / Committee
- House of Commons chamber
- Subjects
- Compensation Insurance companies Financial Services Authority Equitable Life Assurance Society Maladministration Parliamentary Commissioner for Administration Regulation Government responses Ex gratia payments
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-01-26 18:53:46 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_518727
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