EQUITABLE LIFE
Early day motion 176, tabled 2 December 2003 by Ian Gibson (Labour). Signed by 172 members.
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.
Signatures by party: Conservative 73, Labour 60, Liberal Democrat 25, Labour/Co-operative 6, Plaid Cymru 3, UUP 2, DUP 1, Independent Ulster Unionist 1, Scottish National Party 1.