15 April 2009
The Equitable Members Action Group (EMAG) is to take the
Treasury to the High Court over its failure to carry out the
recommendations of the Parliamentary Ombudsman Ann Abraham
following the near collapse of Equitable Life.
General Secretary of EMAG Paul Braithwaite said: "The proposed
hardship scheme is totally inadequate, will take years to implement
and looks like leaving 90% of victims in the cold."
