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

Correspondence: 04/12/2002 - Letter received by Alex Henney from Howard Davies, FSA

4 December '02 - Letter received by Alex Henney from Howard Davies, FSA:

4 December 2002.

Dear Alex,

Thank you for your letter of 29 November, and for the documentation you sent with that letter, and subsequently.

I think it is unfair to characterise my remarks in the way you have done. I note that the only organisation connected with the regulation of equitable which has opened up its processes to public view, and been self-critical, is the FSA. So far, that is.

John Tiner will shortly be sending a substantive response to the points you raise.

Yours sincerely,