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Equitable Life

What the Government mean by "disproportionate" is one of the matters that they are yet to address. The Chief Secretary’s predecessor, the right hon. Member for Pontefract and Castleford (Yvette Cooper), was pressed on that when she made a statement in January. No further progress has been made on elaborating on what that means, which creates uncertainty in the minds of policyholders and a sense of doubt about the outcome. We need the Government to clarify their thinking about what "disproportionate" means in practice.