Anne Main MP has written to Equitable Life chief executive, Chris Wiscarson, urging him to further compensate victims of the Equitable Life collapse.
‘I’ve always said that the Equitable Life injustices were unfinished business,’ said Anne. ‘It may be that these historic injustices are never properly corrected, but we must never forget those who lost out.
‘I pay tribute to groups such as EMAG [Hertfordshire branch of the Equitable Life Members Action group] who campaigned tirelessly for justice for the victims.’
In her letter, Mrs Main calls for Mr Wiscasron to ‘pursue further redress’ to those who lost money during the crisis, and claimed that ‘more needs to be done to correct historic injustices.’
‘As the Member of Parliament for St Albans, constituents came to me with their stories of hardship, and how their plans for retirement had been scuppered. Their tireless campaigning was pivotal to securing compensation from government.
‘As I am sure you will agree, this was a very distressing time for those victims. While some monies have been reimbursed, there are still people in St Albans who have never been properly compensated.
‘More needs to be done to correct historic injustices. By taking positive action and compensating policy holders, this will demonstrate to the victims that their plight has not been forgotten.’
Watch: Anne Main, chair of the All Party Parliamentary Group on Bangladesh, talks about the Rohingya crisis and urges support for @DECappeal pic.twitter.com/FFL0lq8O0A
— DFID (@DFID_UK) October 12, 2017