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Proceeding contribution from Liam Byrne (Labour) in the House of Commons on Wednesday, 21 October 2009. It occurred during Opposition day on Equitable Life.


Equitable Life

I shall deal with that question immediately. Speed, as the House has urged, is now of the essence. My goal, with the benefit of Sir John’s advice, is to deliver an ex gratia scheme that is administratively quicker and fairer than the approach proposed by the ombudsman, and in a way that puts less of a burden on policyholders.


Secondary information

Type
Proceeding contribution
Reference
497 c928 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Compensation Insurance companies Equitable Life Assurance Society Maladministration Parliamentary Commissioner for Administration Regulation Government responses Equitable Life Ex-gratia Payment Scheme Review Ex gratia payments
Link
View this Proceeding contribution on www.publications.parliament.uk