A legal victory for a lawyer who claimed he was mis-sold a policy with Equitable Life could upset the...
A legal victory for a lawyer who claimed he was mis-sold a policy with Equitable Life could upset the entire proposed settlement recently voted on says The Times today. The paper reports that the High Court found the company "negligent" for selling a policy after its troubles had started. The court also ruled that the company was wrong to tell the policyholder that his money would be ringfenced from the troubles it was having with its guaranteed annuity rate policyholders. Equitable has claimed ever since it put forward the compromise solution for saving the company that non-g...
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