Equitable Life Debate

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Department: HM Treasury

Equitable Life

Sajid Javid Excerpts
Thursday 22nd July 2010

(14 years, 3 months ago)

Commons Chamber
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Mark Hoban Portrait Mr Hoban
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I have not set a formal deadline or time scale, but I am sure that over the summer recess, my hon. Friends will talk to policyholders in their constituencies and gather their views. The Leader of the House today announced a debate on 14 September, I believe, on Second Reading of the Equitable Life (Payments) Bill, which might give my hon. Friends the opportunity to make an oral representation.

Sajid Javid Portrait Sajid Javid (Bromsgrove) (Con)
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Earlier this month, I held a public meeting in my constituency on Equitable Life, and I heard directly from many policyholders how they suffered, especially because of the inaction of the previous Government and their callous disregard for their rights. Will my hon. Friend assure me that the coalition Government will do all they can to end the long suffering of the Equitable Life victims?

Mark Hoban Portrait Mr Hoban
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Indeed I can give that commitment. I am also very mindful that at points over the previous nine years, the previous Government could have acted to bring justice to policyholders but chose not to do so. I am afraid that that is another aspect of that Government’s legacy that the Conservatives have to sort out.