Compare Compensation Claims Ltd
Compare Injury Lawyers | Personal Injury Claim

Instant claim or answers

 
Seek Only The Best
We Care, You Compare
Quick Search
Register as Claim Specialist

Equitable Life: New compensation plan announced

Article by BBC News

The savers lost money after the pension company's near-collapse in 2000.

The coalition agreement says they will be compensated for their "relative loss", as recommended by the Parliamentary Ombudsman.

This goes much further than the limited scheme being devised at the request of the former Labour government.

After the Equitable closed to new business in 2000 more than a million policyholders suffered large cuts to the value of either their prospective or current pensions as the society struggled to stay solvent.

Paul Weir, spokesman for the Equitable Members Action Group, welcomed the new government's commitment.

"After 10 years of denial and obstruction by the previous administration it's been a long time coming," he said.

"Sadly many thousands of Equitable pensioners have died without justice, sacrificed on the altar of Gordon Brown's defence of 'lite touch' regulation."  Read more....

 

Accident Injury Claim

12th May 2010, 15:28
 

Compare Compensation Claims Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities. No. CRM23837. This registration is recorded on the Claims Regulation website.
A company registered in England, Company registration number 7218187. Registered office: 32 Lloyd Close, Nelson, Lancs BB9 9EH.


© 2017 Compare Compensation Claims Ltd. All rights reserved.
http://comparecompensationclaims.com/news/2010/may/equitable-life-new-compensation-plan.html

Page updated 12th May 2010, 15:28

Designed and maintained by Brick technology Ltd.
BRICK | Instant Websites