Equitable Life Debate

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Department: HM Treasury

Equitable Life

Heather Wheeler Excerpts
Thursday 22nd July 2010

(14 years, 3 months ago)

Commons Chamber
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Heather Wheeler Portrait Heather Wheeler (South Derbyshire) (Con)
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I am delighted with the Financial Secretary’s announcement. The largest postbag that I receive as a south Derbyshire MP is about Equitable Life. It is disgraceful that the matter has been going on for so long. I therefore congratulate my hon. Friend and greatly look forward to the announcements next April.

Mark Hoban Portrait Mr Hoban
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I am grateful to my hon. Friend. She is not the only Member with a bulging postbag as a consequence of the issue. I am surprised at how many more of my constituents have announced that they are Equitable Life policyholders since I became the Minister responsible. I believe that there is good news in the statement, and I hope that hon. Friends will contact their constituents who have policies to let them know about the coalition’s progress.