Disgruntled Equitable Life policyholders fighting for compensation have succeeded in securing a European parliament committee hearing to look into their claims, the Guardian reports.
A multi-millionaire businessman who became a Labour minister last week has admitted holding part of his personal fortune in an offshore tax haven which experts say could have helped him avoid £3m in tax, reports this morning's Times.
Former Equitable Life chief executive Roy Ranson has defended the insurer's policy of not holding reserves in its with-profits life insurance fund to cushion it against financial shocks, says the Daily Telegraph .
IT SEEMS THERE will be a running commentary in the national press over the Equitable Life court case for the rest of this year, as this morning's Daily Telegraph says the society has been accused of constantly changing its mind about the direction of...
EQUITABLE LIFE'S current chairman Vanni Treves apparently told his predecessor the former directors who are also being sued for negligence are in fact only facing litigation to try and get more money out of its auditors, reports this morning's Daily Telegraph....
Equitable Life has begun its multi-million lawsuit at the High Court against former auditors and directors who worked for the company prior to its near-collapse.
EQUITABLE LIFE has claimed the society can 'afford to lose' the multi-billion pound negligence trial against its former directors and former auditor, even though it could cost them £100m, reports the Daily Telegraph.
THE GUARDIAN this morning reports the test case ruling in favour of an Equitable Life policyholder who was badly advised by the company will open the door to payouts likely to run into millions.
The Financial Ombudsman Service has just announced late joiners to the Equitable Life with-profits fund will now receive compensation payouts.
THE GOVERNMENT is now having to table revised pension laws after it botched new rules to determine contribution levels for the £300m Pension Protection Fund (PPF), says this morning's Daily Telegraph .