Equitable Life Compensation (No. 3)
EDM number 1491 in 2008-09, proposed by John Barrett on 14/05/2009.
Categorised under the topics of Financial services and Pensions.
That this House notes that the collapse of Equitable Life affected more than one million people; further notes that an estimated 32,000 people have died while waiting for just compensation; welcomes the Parliamentary Ombudsman's recent report Injustice Unremedied: The Government's Response to Equitable Life; accepts the report's findings that the Government's response was unsatisfactory; strongly supports the Ombudsman's previous recommendation for the establishment of a just compensation scheme; and calls for the Government to accept immediately all of the findings of the Ombudsman's original report.
This motion has been signed by a total of 45 MPs.
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