Equitable's Compromise or Scheme of Arrangement

Within the items listed below we feature comment that we consider well-informed. We don't necessarily endorse the views expressed nor do we seek to give financial advice.

Documents

• 21 March 2002 - Statement by Equitable Life on Procedure for GAR-Related Claims
• 1 March 2002 - What brought Equitable down? It wasn't the GARs
• 28 January 2002 - EMAG's view of what lies ahead
• 11 January 2002 - Notes on the Equitable's GAR meeting
• 11 January 2002 - Question to Vanni Treves by Paul Braithwaite (EMAG) at the Equitable Life's compromise meeting
• 19 December 2001 - Professor David Blake's Review of the Compromise Scheme Documentation
• 19 December 2001- Press release regarding Prof Blake's report including a headline summary
• 7 December 2001 - Equitable GAR Compromise Scheme
• 6 December 2001 - Comments on Final Scheme Documentation
• 29 October 2000 - About GARs and GIRs
• 11 October 2001 - Scope of Protection to Guernsey Branch Policyholders under UK Legislation
• 11 October 2001 - EMAG and ELMHG's response to The Equitable Life's compromise proposal
• 6 October 2001 - Report on Equitable's first "compromise" roadshow
• 1 October 2001 - Report on London Compromise Roadshow
• October 2001 - Some early members' responses to the GAR compromise
• 20 September 2001 - Equitable Life's Compromise Proposal: EMAG's Initial Reaction
• 20 September 2001 - Compromise report
• 17 September 2001 - Discussion paper on unitisation of the with-profits fund
• 16 June 2001 - Suggestions for compromise
• 12 March 2001 - Informal Report on Vanni Treves Bristol Roadshow
• 5 March 2001 - GAR Compromise Scheme Consultation - YOUR QUESTIONS ANSWERED
• Report on Guaranteed Annuity Rates by Institute of Actuaries. Is the content consistent with Lord Steyn's `ring-fencing' ban?

Correspondence:

• 27 November 2001 - from John Tiner - Re letter of 5 November 2001
• 5 November 2001 - to John Tiner, FSA - compromise proposal & ongoing management & administration problems at Equitable Life

Meetings:

• 11 January 2002 - Report on Non-Gars Meeting - Wembley Conference Centre
• 7 March 2001 - Report on joint meeting of equitable action groups with Equitable re compromise

Comment on the Compromise Scheme:

• 21 December 2001 - View of Alex Henney, EMAG committee member

  EMAG Committee member I have both a GAR and a much larger non-GAR policy. Although I do not consider that the financial aspects of the compromise proposals have been either developed or explained in a transparent or imaginative way, it is the only offer on the table. I will be voting in favour of it in the hope that if the compromise is accepted it will stabilise the Society.

• 18 December 2001 - Comment by Adrian Howard-Jones, EMAG committee member.(MS WORD)
• 8 December 2001 - Comment by Ronnie Sloan, an IFA and actuary
• 6 December 2001 - Comment by Colin Slater, EMAG committee member.

Statements to the Court in regard to the Compromise

• Draft letter to the Court by David Stonebanks, former(?) non-GAR

Also see documents under FSA, Treasury Committee and Legal indices