Equitable Life decision imminent

According to reports, Treasury chief secretary Yvette Cooper will provide details to MPs on Thursday. The measures are set to include the establishment of an independent tribunal to calculate payments to some of the one million policyholders who lost out as a result of the insurer's near-collapse in 2000. That was one of the recommendations of a watchdog report into the saga last summer, which found maladministration by regulators and Whitehall officials. Another suggestion was for the Government to publicly apologise for its alleged failures to protect policyholders. More than a mi...