The ombudsman is concerned about people who invested in Equitable Life who might not have done so had they been aware of that regulatory failure. That regulatory failure would not have been known to them until September 1992, so there is a clear, rational argument for 1 September 1992 being the right date to start the calculation of losses.
Equitable Life (Payments) Bill
Proceeding contribution from
Mark Hoban
(Conservative)
in the House of Commons on Wednesday, 10 November 2010.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Equitable Life (Payments) Bill.
Type
Proceeding contribution
Reference
518 c319
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2023-12-15 13:22:42 +0000
URI
http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_679220
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_679220
In Solr
https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_679220