The Serious Fraud Office (SFO) has been instructed to release potentially sensitive documents about the downfall of Equitable Life following a Freedom of Information (FOI) request.
Figures published by the British Bankers' Association suggest there was no letup in lending levels during November.
THE EUROPEAN Parliament is to hold a formal "committee of inquiry" into the Equitable Life debacle following fierce campaigning by policyholders, reports this morning's Daily Telegraph .
Publication of Lord Penrose's report into the financial crisis at Equitable Life has certainly set the cat among the pigeons, and is already being labelled in some quarters of the industry as nothing more than a whitewash.
YESTERDAY'S PUBLICATION OF an National Audit Office report into the number of people likely to be netted by the proposed £1.4m lifetime contributions limit to pensions will be seized on by chancellor Gordon Brown to push pensions simplification in next...
With profits providers are under additional pressure today following the Penrose Report's identification of Equitable Life's ability to obfuscate the real situation with regards to its assets and liabilities.
Lord Penrose has on several occasions within his report accused Roy Ranson, former appointed actuary at Equitable Life between 1992 and 1997, of "maxwellisation" and of presenting a misleading picture of the company's finances to the board.
The Penrose report into what went wrong at Equitable Life is being published on Monday by Ruth Kelly MP, the Treasury has just confirmed.