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Proceeding contribution from Yvette Cooper (Labour) in the House of Commons on Thursday, 15 January 2009. It occurred during Ministerial statement on Equitable Life.


Equitable Life

I cannot give the hon. Gentleman a specific timetable for the payment, and I would not want to mislead him. We have asked for the information from Sir John Chadwick, and we must also undertake additional work on the practical issues. I would not want to give people misleading information, and I am trying to be straight with them about the fact that we simply do not know how long it will take. However, we accept the important points that people have made about the need to implement this as fast as possible, bearing in mind the points that my hon. Friend the Member for Aberdeen, South (Miss Begg) made about the need to make sure that it is fair, too.


Secondary information

Type
Proceeding contribution
Reference
486 c391 
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