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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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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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News: 26/09/2011 - David Forfar and the APPG meetingOn 14 September, after Prime Minister's questions, about 50 MPs and assistants attended the latest Equitable Life all–party group session. They heard from EMAG's Paul Weir and then from eminent independent actuary, David Forfar, who summarised his thorough, fact–based analysis of what has befallen the pre–1992 annuitants. His conclusion is that the Treasury and Mark Hoban's presentation to MPs has been gravely misleading. These 10,000 unfortunates due to receive NIL compensation benefitted from insignificant over–bonussing, suffered EXACTLY the same consequences of maladministration and are deserving of exactly the same methodology as those supposedly receiving 100% of their relative losses for life, tax free. MPs expressed their astonishment at the revelations and the Executive was asked to write to the Treasury minister responsible, Mark Hoban, who was present for the presentation, to demand his reaction to this new independent assessment. Read: |
