ad

Equitable Life case to go to Europe

Equitable Life policyholders will take their fight for compensation to Europe should the government's response to the Penrose report prove unsatisfactory.

23 Feb 2004

By AccoutancyAge.com

Link: SFO to investigate Equitable

The report, which has been provided to government departments while being withheld from the policyholders and Equitable Life itself, could be published as early as this week, although a Treasury spokesman refused to be drawn on speculation.

Paul Braithwaite, secretary of the Equitable Members' Action Group, said it would take the government to the European Court for failing to implement a European directive on how the mutual was regulated, the FT reported.

Visitor comments

 

advertisement

advertisement

advertisement

Senior financial appointments brought to you by

accountancyagejobs logo

Latest opportunities:

Find appointments

Search by job title, salary, or location - we only list senior financial roles