Equitable Life

A draft report criticising the ‘light touch' UK regulatory regime over the Equitable Life collapse is being undermined by a lack of support from Labour Committee members, claims a Conservative MEP.

A high street bank has outraged customers after effectively banning everyone apart from the well-off from using one of its branches, says the Daily Telegraph .

The government has an obligation to "devise and implement" a scheme to compensate Equitable Life policyholders, claims the EU Committee investigating the collapse of the insurer.

The European Parliament's committee of inquiry into the collapse of Equitable Life has unveiled the first draft of its final report.

The Parliamentary Ombudsman will find the government guilty of failing to properly regulate Equitable Life, according to a draft report for the Treasury and leaked to the Daily Telegraph .

Three former directors and actuaries of Equitable Life have avoided any financial penalties despite being found guilty of misconduct by the Institute of Actuaries.

A report into the handling of Equitable Life complaints by the Financial Ombudsman Service has concluded the behaviour of FOS has left "an abiding and entirely justifiable sense of disillusionment, frustration and injustice".

A three-month extension has been granted to the EU Committee investigating the collapse of Equitable Life.

Equitable Life has appointed a new non-executive director to its board, effective immediately.

Members of the European Parliament's inquiry into the collapse of Equitable Life have decided to ask for a further three-month extension to their mandate.