National campaign news
Parliamentary Ombudsman dismisses Government plan as “unsafe” and “unsound”
On 27 July 2010 EMAG wrote to all MPs concerning the Parlaimentrary Ombudsman’s robust citicism of the government’s current approach to compensation The coalition government’s commitment requires implementing the Parliamentary Ombudsman’s recommendations, not Sir John Chadwick’s. That means compensation based…more
Equitable action group fears Treasury ‘ambush’ over compensation
The Equitable Members Action Group (EMAG) has sounded the alarm over the new government’s promises of fair compensation, after ministers failed to reassure them over the methods being used by the Treasury to assess the amount of compensation due. EMAG…more
1,000 general election candidates pledge Equitable Life compensation
More than 1,000 general election candidates across the UK have signed a pledge committing them to vote for proper Government compensation for victims who lost money with Equitable Life. As of today, Campaigning group EMAG (Equitable Members Action Group) had…more
EMAG launches pledge campaign for Equitable Life compensation
Campaigners are calling on general election candidates to sign a pledge committing them to vote for proper Government compensation for victims who lost money with Equitable Life. Campaigning group EMAG (Equitable Members Action Group) is targeting 550 constituencies across the…more
EMAG withdraws from Treasury “charade” over Equitable Life
Equitable Life policyholder campaign group EMAG is withdrawing from working with the Treasury’s “Chadwick process” after the latest interim report from the retired judge has led the group to conclude that his work is just a front for a “Treasury…more
Honor Blackman calls on Government to help Equitable Life pensioners now
Actress Honor Blackman today called on the Government to make payments on account to 44,000 elderly Equitable Life pensioners who have yet to receive any compensation despite the Parliamentary Ombudsman’s recommendation that they should do so. “The Treasury has been…more
Equitable Life campaigners slam Treasury delays
January 15 marks the first anniversary of Yvette Cooper’s statement to the Commons on Equitable Life, in which the Government announced that it was hiring Sir John Chadwick to advise on an ex-gratia payment scheme for those ‘disproportionately affected’ by…more
Honor Blackman joins Equitable Life victims for pensions demo
Victims of the Equitable Life scandal demonstrated outside Parliament this week where they were joined by Avengers actress Honor Blackman and MP Vince Cable to demand proper compensation for victims of the Equitable Life scandal. Ms Blackman has her own…more
Equitable victims triumph - Court overturns Government rejection of Ombudsman’s report
Policyholders’ action group EMAG has won another significant victory in its battle to get proper compensation from the Treasury for victims of the Equitable Life scandal. EMAG’s successful High Court bid to quash the Government’s response to the Parliamentary Ombudsman’s…more
EMAG takes Treasury to court
Equitable Life policyholders’ action group EMAG has launched a High Court challenge against the Treasury over its failure to fully implement the compensation recommendations of the Parliamentary Ombudsman. After a ‘depressingly predictable’ response from the Treasury at the end of…more
FSA “betrayed” Equitable policyholders in 2001
In the wake of disturbing revelations buried deep in the Parliamentary Ombudsman’s report into the regulation of Equitable Life, policyholder action group EMAG has accused the FSA of betraying Equitable policyholders. An analysis by former EMAG chairman Alex Henney reveals…more
EU recognises failure of corporate Governance
Meanwhile, in Brussels there are calls for the UK to get its house in order. The virtual collapse of Equitable could be repeated if stronger corporate governance safeguards aren’t added, according to Mick McAteer, a consumer representative on EU insurance…more
