Equitable Life policyholders take High Court action

"Equitable Life policyholders are demanding a judicial review of the compensation offer made by the Government in January.
In 2001, millions of investors in the UK’s oldest mutual insurance company lost up to 50% of the value of their pension funds when Equitable Life came close to collapse.
From the 1950s the company had sold policies that [...]" (2009-4-15)
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