Parliamentary Ombudsman issues new report on Equitable Life saga

"Parliamentary Ombudsman, Ann Abraham, is keeping up the pressure on behalf of Equitable Life policyholders with a new report criticising the Government’s compensation proposals.
The UK’s oldest mutual insurance company came close to collapse in 2000 when it could not deliver the returns it had promised.
At the time, over one million savers lost up to 50% [...]" (2009-5-6)
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