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EQUITABLE LIFE COMPENSATION (No. 2)

Early day motion 695, tabled 8 September 2010 by Alan Meale (Labour). Signed by 40 members.

That this House recalls the recommendations for fair compensation payments to Equitable Life policyholders as proposed by the Parliamentary Ombudsman and later promised by the Coalition Government for the recognised regulatory maladministration of its funds; and believes the contrary recent advice given by Sir John Chadwick on this matter to be an unsafe and unsound basis on which to proceed towards any honest settlement of these policyholders' losses.

Signatures by party: Labour 22, Liberal Democrat 6, DUP 3, Social Democratic and Labour Party 3, Plaid Cymru 2, Scottish National Party 2, Conservative 1, Green 1.