Entries from Parliamentary Connections old tagged with 'Equitable Life'
The election could be good news for Equitable Life policyholders
Suddenly, there are very few certainties in this election. Amid all that uncertainly, however, we do know that anything other than an outright Labour victory, which looks extremely unikley at the moment, should result in a proper compensation scheme being...
A glimmer of light at last at the end of the Equitable Life tunnel
Tuesday evening saw yet another debate on Equitable Life in the House of Commons. It was on a motion tabled by the Conservative front bench:That this House notes that the Ombudsman published her report on Equitable Life in July 2008,...
Government survived Equitable Life vote as Labour MPs stayed loyal. What now for the policyholders?
The parliamentary arithmetic speaks for itself. 337 MPs, including 113 Labour MPs, had signed Vince Cable's Early Day Motion calling for a better deal for Equitable Life policyholders by adopting the recommendations of the Parliamentary Ombudsman. Yet, when the Liberal...
Government faces a tough week over Equitable Life as Liberal Democrats put them on the spot
Hard on the heels of losing badly on points in the high court on Friday, the government now faces the prospect of being defeated in Parliament over its wretched attempts to wriggle out of paying compensation to those who lost...
Equality Bill, Equitable Life and pleural plaques still hang over the insurance industry - not to mention regulation
Parliament may have risen for the summer recess but there is plenty of unfinished business as far as the financial services sector is concerned, especially the insurance industry. Four key issues stand out and will need to be carefully monitored...
Little progress on Equitable Life but pressure could build up to move the Treasury
The debate on Equitable Life in Westminster Hall yesterday ran along pretty predictable lines with MPs of all parties giving eloquent voice to the raw anger of their constituents over the length of time it is taking to get them...
Tomorrow is another big day for Equitable Life as both Parliament and the High Court add to the saga
Tomorrow (Wednesday 24 June) is shaping up to be another significant day in the decade long battle by Equitable Life policyholders to get decent compensation following the insurer's failure.MPs will launch another assault on the government, presumably in the shape...
Little hope on Equitable Life front
The debate on Equitable Life in Westminster Hall yesterday offered precious little hope of a speedy or satisfactory resolution to the problems caused by the collapse of the mutual insurer. It must make thoroughly depressing reading for the one million...
Government is to be put on the spot over Equitable Life
The former shadow home secretary David Davis has secured a 90 minute Westminster Hall debate next Tuesday (19 May at 11am) on the government's response to the latest Parliamentary Ombudsman's report on Equitable Life.The debates in Westminster Hall are one...
Prime Minister ducks the Equitable Life issue
The steady rise of Equitable Life up the political agenda continued this lunchtime when the Conservative MP Angela Browning raised it during Prime Minister's Questions. Her question trying to tease out a government response to the damming report from the...
Equitable Life report is now a serious political threat to the government
The latest damming report from Ann Abraham, the Parliamentary Ombudsman, into the Equitable Life affair couldn't have come at a worse time for the government and a better time for the policyholders who, in the Ombudsman's blunt words, have been denied...
Why have the Equitable Life policyholders gone for a judicial review now?
The news last week that the Equitable Members Action Group has applied for a judicial review over the government's decision to reject the Parliamentary Ombudsman's call for proper compensation for policyholders caught me by surprise. I can't help querying their timing.The...
Equitable Life battle lines become more entrenched
The fight for compensation for Equitable Life policyholders is becoming more embittered at every turn. Just take a look at the tactics and the language being used by both sides over the last couple of weeks.First, the Public Administration Select...
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