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Equitable Life Assurance Society: Compensation

Volume 494: debated on Friday 19 June 2009

To ask the Chancellor of the Exchequer if he will take steps to ensure the early publication of the Chadwick Review into payment of compensation to policy holders who lost money in the collapse of Equitable Life. (279571)

Sir John Chadwick is well aware of the need to bring this matter to a conclusion and will provide his advice to the Government as quickly as he is able. To assist Sir John in his task the Government are providing all the support and resources he needs.

Sir John set out his proposed approach to his work on 16 June 2009: details are available on his website at:

http://www.chadwick-office.org

through which interested parties can keep informed of his work and make representations to his office.

Sir John will continue to make regular updates as his work progresses.