Recently, my researcher Tim attended the APPG on Equitable Life. The biggest issue discussed was that of pre-1992 policy holders who have been excluded from the compensation mechanism. The group heard from Honor Blackman, who is set to receive a full 100% compensation, while two other victims of the Equitable Life collapse were told they would receive no remuneration for their losses. Mrs. Blackman said that they were all prudent and put money aside for a rainy day, but that was where […]
Tags: Business, Equitable Life, Justice, Pensions, Statism
