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Equitable Life (Reigate)

Volume 501: debated on Thursday 26 November 2009

I wish to present a petition on behalf of 94 of my constituents, which is somewhat similar to the petition that the House has just heard. I wish first to declare an interest as I was a policyholder of Equitable Life during the period reported on by the parliamentary ombudsman.

The petition states:

The Petition of residents of the constituency of Reigate in the Surrey region of the U.K. regarding the Government’s response to the Parliamentary Ombudsman’s reports on Equitable Life,

Declares that the Petitioners either are or they represent or support members, former members or personal representatives of deceased members of the Equitable Life Assurance Society who have suffered maladministration leading to injustice, as found by the Parliamentary Ombudsman in her report upon Equitable Life, ordered by the House of Commons to be printed on 16 July 2008 and bearing reference number HC 815; and further declares that the Petitioners or those whom they represent or support have suffered regulatory failure on the part of the public bodies responsible from the year 1992 onwards, but have not received compensation for the resulting losses and outrage.

The Petitioners therefore request that the House of Commons urges the Government to uphold the constitutional standing of the Parliamentary Ombudsman by complying with the findings and recommendations of her Report upon Equitable Life.

And the Petitioners remain, etc.