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Select Committee
Correspondence from Dame Meg Hillier Chair of the Committee of Public Accounts to Mr Bob Blackman MP and Mr Fabian Hamilton MP Co-Chairs of the All-Party Parliamentary Group for Justice for Equitable Life Policyholders, re Equitable Life 9 March 2023

Correspondence Mar. 14 2023

Committee: Public Accounts Committee

Found: Blackman MP and Mr Fabian Hamilton MP Co-Chairs of the All-Party Parliamentary Group for Justice for Equitable

Commons Chamber
Oral Answers to Questions - Tue 20 Jun 2023
HM Treasury

Mentions:
1: Jim Shannon (DUP - Strangford) Life savers lost money as a direct result of Government decisions. - Speech Link
2: Bob Blackman (CON - Harrow East) Life policyholders, as was mentioned by the hon. - Speech Link

Select Committee
Correspondence from the Governor of the Bank of England, relating to the session on ‘Bank of England Financial Stability Reports’ on 16 January, dated 22 February

Correspondence Mar. 06 2023

Committee: Treasury Committee (Department: HM Treasury)

Found: The key reforms announced by HMT fo r the life insurance sector are: 1.

Select Committee
Pensions and Investment Research Consultants (PIRC)
 UKR0014 - UK Regulators

Written Evidence Dec. 13 2023

Inquiry: UK Regulators
Inquiry Status: Closed
Committee: Industry and Regulators Committee

Found: Lord Penrose said of insurance accounting in his 2004 report into the collapse of Equitable Life

Deposited Papers
Ministry of Justice

Oct. 29 2009

Source Page: Information in relation to delegated powers and related documents in Parts 1, 7 and 8 of the Constitutional Reform and Governance Bill. 61 p.
Document: DEP2009-2671.pdf (PDF)

Found: You must: carry out your responsibilities in a way that is fair, just and equitable and reflects

Grand Committee
Financial Services and Markets Bill
Committee stage - Tue 21 Mar 2023
HM Treasury

Mentions:
1: Baroness Kramer (LDEM - Life peer) The provision is designed to provide a safeguard if an insurance company fails, protecting both policyholders - Speech Link
2: Baroness Kramer (LDEM - Life peer) The idea that this will now become the norm for pension funds, where basically the policyholders will - Speech Link

Grand Committee
Financial Services and Markets Bill
Committee stage - Mon 06 Feb 2023
HM Treasury

Mentions:
1: Baroness Kramer (LDEM - Life peer) of the collapse of Equitable Life. - Speech Link
2: Lord Davies of Brixton (LAB - Life peer) I was an Equitable Life policyholder twice over and no one came out of that whole sorry saga well. - Speech Link
3: None We have already heard about Equitable Life; many others can be added to that. - Speech Link
4: None maladministration in Equitable Life identified by the Parliamentary and Health Service Ombudsman. - Speech Link

Bill Documents
17 Mar 2023 - Amendment Paper
HL Bill 80-IX Ninth marshalled list for Grand Committee
Financial Services and Markets Act 2023

Found: BARONESS KRAMER BARONESS ALTMANN 225 Insert thefollowing new Clause— “Compensation forEquitable Life

Deposited Papers

Jun. 24 2009

Source Page: Financial Services Authority (FSA) annual report 2008/09. 124p.
Document: DEP2009-1788.pdf (PDF)

Found: However, a failure to maintain focus on effective risk management in the current market may lead to policyholders

Deposited Papers

Mar. 03 2011

Source Page: Review of tax reliefs: Final report. 191 p.
Document: DEP2011-0370.pdf (PDF)

Found: Life assurance premiums paid by employers under E-FRBS (Annex M) 4.33 This relief extends the life