Equitable Life annuity transfer vote looms
Equitable Life is preparing to write to its 400,000 policyholders ahead of a vote on whether it should transfer 50,000 holders of with-profits annuities to Prudential.
The troubled firm, which was forced to shut its doors to new business in 2000, originally announced the transfer – which involves around £1.8bn worth of annuities – in March this year. The move means...
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