EMAG

The independent action group for current and ex Equitable Life policyholders, funded by contributions.

Equitable Members Action Group

Equitable Members Action Group Limited, a company limited by guarantee, number 5471535 registered in the UK

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Press Releases: 01/06/2008 - The POs report into Equitable Life, four years in the making, will be made public in mid-July

EMAGs press comment:

The POs report into Equitable Life, four years in the making, will be made public in mid-July:

For 18 months the Treasury has used every trick in the book to delay and derail this ticking bombshell report. After such deplorable tactics, EMAG is pleased that MPs will finally get to see the PO's report before their recess. Over the summer, hopefully, they will read it and reflect on the stark contrast between the shameful treatment of Equitable pension sufferers and their own gold-plated pensions. The breakdown in trust of regulators started with Equitable.

Paul Braithwaite, EMAGs general secretary said:

If, as EMAG expects, the PO recommends compensation measured in billions, the families of a million pension investors have every right to expect, as the European Parliament has made plain, that the UK Government will do the right thing and compensate the victims promptly. This scandal has been dragged out for seven years, during which time many thousands of Equitable pensioners have died waiting for recompense.

For further info:
Paul Braithwaite for EMAG
1st June, 2008