Martin Rhodes

Martin Rhodes

Labour — Glasgow North

Speaking in the House of Commons on 22 October 2026

Debate

Equitable Life Policyholders: Compensation

Contribution

A constituent of mine, who is now 76, changed jobs around the time of the collapse and was able to move his pension into a local authority pension scheme, although the transfer value took a 26% hit. Does my hon. Friend agree with my constituent that there must be greater transparency on this issue and that we must have meaningful reform of financial regulation, so that the experience of my constituent and of so many others is not repeated?

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