Monday, January 24, 2011
Equitable Life
I think I am meant to make a comment about the lack of compensation to be paid on my Equitable Life pension fund because it was taken out before 1992. My Dad is in a similar position with his Equitable Life pension fund because his was taken out before 1992 as well. As a matter of interest if anyone actually is interested in what I think I think the case highlights all the double standards that have riddled the City for years. There was another ten figure pension fund loss in the City around the same time as the 1992 threshold date when several thousand other pensioners also lost out. Those responsible at Equitable Life for their 10 figure losses were not quiety pushed off their boats on holiday. A good thing too. It's only money.
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