Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-07-05-Speech-1-158"
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"en.20100705.19.1-158"2
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"Mr President, I would like to thank the rapporteur. I want to use my time to bring to the attention of the House an update on the work of the Committee on Petitions dating back to 2006 and 2007, when we set up a committee of inquiry into Equitable Life. I chaired that committee. This House voted on a report in 2007 which called on the UK Government to recognise its responsibility and to compensate Equitable Life policy holders in the UK, Ireland, Germany and elsewhere. Today, many of you may have received representations from your constituents who are concerned about the extent of this compensation. There is a suggestion that compensation will only amount to about 20%. This is not what the committee I chaired had in mind. I would like this House and the Commission in particular to look very carefully at this. I believe the new UK Government should honour what it said in its opening statement and commit to compensating all policy holders in an appropriate and fair manner."@en1
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