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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 cannot second-guess what was in the minds of EMAG, but I think there were two concerns in particular, both of which it was legitimate to test. The first was the legal basis for the Government’s approach, which the court was happy to confirm. The second, rightly, was for policyholders to test the scope of the ex gratia scheme.


Secondary information

Type
Proceeding contribution
Reference
497 c930 
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