EQUITABLE LIFE

Motion Text

That this House believes a fair resolution to the Equitable Life debacle is important not only for current and former policyholders, but also to restore confidence in long term savings generally; believes that justice delayed is justice denied; calls on the Government to publish the report by Lord Penrose as soon as possible and to offer compensation if regulatory supervision is found to have been wanting; and calls once again for the Parliamentary Ombudsman immediately to investigate customer complaints relating to policies bought before 1999.