Updated 27th September, 2017

EMAG exists to campaign for full government compensation. Will members of EMAG please note that because of pressure of work we regret it is not possible to answer individual written enquiries.

A short video which explains what EMAG is fighting for.

Quote of the Month

Stephen Barclay, the Economic Secretary to the Treasury, said: “It's utterly unacceptable that people who have worked all their lives to build up a pension pot should be subject to scams which may leave them out of pocket.

“Pensions are often the most valuable asset a person has upon reaching retirement - and that's why we are determined to crack down on scammers and protect our hardworking savers.”

The Daily Telegraph, 20th August, 2017

“Bed blocking” at Westminster

BREXIT continues to completely dominate our politicians focus. The Conference seasons continues with the Conservatives holding theirs in Manchester in the first week of October. Labour's Brighton Conference put a spring in their members' step. Business will not re-start in Westminster until 9 October.

APPG: Now with Executives from all Parties

As at the end of September the “Justice for Equitable Life Policyholders” APPG group had 204 MP members.

We are pleased to announce that in addition to the Team elected at the inaugural meeting of the APPG in the new Parliament on 12th July, 2017 of Bob Blackman (Conservative) and Fabian Hamilton (Labour) as joint-chairs and Stephen Lloyd as Secretary (Liberal Democrat), members of the other Parties have also agreed to serve as Executives: Mhairi Black MP (SNP), Jim Shannon MP (DUP) and Hywel Williams MP (Plaid Cymru) - all for confirmation at an EGM.

EMAG's Scottish regional organiser has passed away

EMAG is sad to announce that George Brownlie died on 18 September, aged 89. George was a feisty campaigner and he organised our efforts in Scottish constituencies for EMAG Regional. For two years until September 2016 he was also a colourful member of EMAG's board. Even after his resignation one year ago for health reasons, he continued to energetically campaign from his home office.

George Brownlie at a meeting of EMAG's regional organisers in Birmingham on 30 June, 2015

EMAG's AGM

EMAG's 18th AGM will be held again at the City of Birmingham Library on the afternoon of Wednesday 8th November. The EMAG annual Report & Accounts is at the printers and should be received by mid October. Only current EMAG members will be eligible to attend.

EMAG's successful Westminster Rally, 22nd October, 2014

EMAG's campaign objectives

EMAG will campaign until fair compensation is awarded to the million victims of the Equitable Life scandal.

For the majority 945,000 victims

95% of Equitable's with profits policyholders have received just 22% of the Treasury's calculation of their ‘relative losses’ without any interest paid from 2009 onwards.

With the economy at last recovering, we are campaigning for a commitment that victims will receive the missing 78% of their compensation entitlement.

For the pre–1992 WP Annuitants

We are campaigning to get MPs to insist that the 10,000 pre–September 1992 WP Annuitants are compensated on exactly the same terms as those who took their WP Annuity after that date. We view the current flat rate £5,000 as a welcome down–payment.

For the post–1992 Annuitants

For the 37,000 WP Annuitants who are receiving an alleged ‘100% of their relative losses’ we are seeking dialogue with The Prudential to see why annuity payments continue to fall every year.