Another report but still no end to Equitable strife

Cicutti, Nic
August 2009
Money Marketing;8/27/2009, p10
In this article the author comments on the government's initiatives to address the Equitable Life PLC ex-gratia payment scheme in Great Britain. He mentions the criticisms that the government has faced. He says that interim report published by independent adviser John Chadwick does not manage to reach any conclusion as to which Equitable investors might be considered the hardest hit. He emphasizes that the government has not spent years trying to avoid having to offer redress to policyholders.


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