Equitable Life has confirmed today it dropped its claims with Peter Martin and Shaun Kinnis, two of the Society's former directors, and settled their case out of court. on the basis
EQUITABLE LIFE gave policyholders a much-needed boost yesterday by increasing their bonuses and arguing the society was £166m stronger than last year, according to this morning's papers.
EQUITABLE LIFE has dropped a demand all 15 former directors it is suing for £1.7bn should sign up to a settlement to bring its protracted legal battle with them to an end, reports The Daily Telegrap
EQUITABLE LIFE has offered to abandon its £1.7bn lawsuit against 15 former directors in return for a deal on legal fees, reports the Times .
TOP INSURANCE companies are calling for urgent talks with the FSA over the possible risks to customers of the government's drive to allow more choice for pension investment from next year, says the Scotsman .
EQUITABLE LIFE chairman Vanni Treves has recently considered resigning from his post, according to this morning's papers.
Equitable Life chairman Vanni Treeves and chief executive Charles Thomson face calls for their resignation by policyholders in reaction to the latest disaster in the company's attempts to strengthen its financial footing.
Equitable Life has dropped its High Court action against Ernst & Young, the Society's former auditors.
GORDON BROWN has been told to either cut spending or raise taxes, according to this morning's papers.
EQUITABLE LIFE policyholders will tomorrow urge the European Parliament's Petitions Committee to intervene in their battle to force the Government to pay compensation, say the Daily Telegraph .