Proceeding contribution from Andrew Turner (Conservative) in the House of Commons on Tuesday, 27 January 2009. It occurred during Adjournment debate on Equitable Life.
Equitable Life
The sorry saga of Equitable Life has rumbled on for eight years. The Chief Secretary to the Treasury said that when blame rests with the owners of a financial institution,"““it is not generally appropriate for the taxpayer to pay compensation””.—[Official Report, 15 January 2009; Vol. 486, c. 378.]" However, the ombudsman made it clear that the Government should pay up. Those Equitable Life policyholders who are left cannot afford to wait another few years while the Government procrastinate.
Secondary information
- Type
- Proceeding contribution
- Reference
- 487 c28WH
- Session
- 2008-09
- Chamber / Committee
- Westminster Hall
- Subjects
- Compensation Insurance companies Equitable Life Assurance Society Maladministration Regulation Ex gratia payments
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-05 23:19:15 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_523596
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_523596
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_523596