Equitable Life to consider buy-out this year

The announcement came as part of the society’s annual results, which it believes show the company is in good shape. Vanni Treves, Equitable Life’s chairman, says: “The major achievements of the last 12 months have brought the Society to an important crossroads. We can comfortably run the business off ourselves, but we are also in good shape for others to consider. "If one or more third parties can provide a better outlook for our policyholders than we can ourselves then we will recommend the best approach to our members. Whatever the outcome, the next 12 months is the right time to addr...