Watchdog delays equitable Life report - papers 27th February

According to the paper, campaigners said long-suffering policyholders would be "bitterly disappointed" to learn of the delay. The Parliamentary Ombudsman's report is regarded by many as the best remaining hope for government compensation, more than five years after Equitable closed its doors to new business. The Parliamentary Ombudsman, Anne Abraham, has been investigating 18 accusations of regulatory failure. She originally indicated she would complete her investigation before the end of last year, and in October she said the report was due to be published by the spring of 2006. But ...