Monday, August 17, 2009

Justice Delayed for Equitable Life Policyholders

Equitable Life’s policyholders have fought a long battle for justice. The Ombudsman’s report set out a number of areas where there had been maladministration and where the Government should make payments to policyholders.

The Conservatives accept these recommendations. Sadly, the Government, rather than following our lead, took six months to make a formal response, decided to ignore most of the Ombudsmans findings and is now stringing out the process with a further inquiry into the payments.

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