Equitable Life Policyholders

Neil spoke in the debate on Equitable Life policy holders to call for fairness for those involved in the scheme. He said:

"I thank my hon. Friend for bringing this issue to the House yet again because policyholders with Equitable Life have been very badly treated. The finances of this country are now much improved, and it is time that we looked yet again at the situation of these policyholders, because their policies were oversold and actuaries hyped up their value well beyond anything that could be delivered, even at the time. Many people have never been held to account, but the policyholders have had millions of pounds taken from them through their insurance policies and pensions."

You can read the full debate at this link: