Little hope on Equitable Life front

It must make thoroughly depressing reading for the one million policyholders left waiting for compensation after almost nine years. Despite some measured, reasoned contributions from Conservative, Labour and Liberal Democrat MPs the minister put up to answer the debate, Ian Pearson, the Economic Secretary to the Treasury, simply stonewalled. I won't go over all the issues here as they have been covered adequately in previous posts. There are two that are worthy of further comment, however. The first is the snail's pace progress being made by Sir John Chadwick, the high court judge given t...