SFO defends dropping Eq Life probe

Katrina Lloyd
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The Serious Fraud Office decided to drop an investigation into Equitable Life because financial regulators were already aware of potential criminal activity at the failed insurer, according to a new document.

The document also raises the possibility that every pension sold by the firm between 1982 and 2000 was mis-sold, according to the Financial Mail.  In a key passage the document states: '...

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