Equitable Life Committee decides victims must come first

A meeting of the Committee of Inquiry into Equitable Life took place today, Tuesday 21 February, at the European Parliament in Brussels.

The Rapporteur presented the working document on the lines of action arising from the mandate for inquiry into Equitable Life.

Speaking after the meeting Sir Robert Atkins MEP (UK) EPP-ED spokesman said: "The Equitable Life Committee of Inquiry today decided on the detail of its operation, and we have decided that the petitioners must come first, in every sense. Accordingly, we will be inviting them to explain their case in the very near future, following which we will be questioning officials, from both the Commission and the UK Government."

Over one million UK policy holders and more than 15,000 policy holders in other EU countries, including Ireland and Germany, incurred losses to their pensions, savings and investments.

The 22-member Committee has four months to submit its report to Parliament.

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