Today, the Coalition Government's announced that it has introduced a Bill to compensate Equitable Life policyholders.
Commenting, Stephen Gilbert said:
"The Labour Government had 10 years to help those who had their lives ruined by the collapse of Equitable Life but did nothing.
"In just 10 weeks the Coalition Government has taken real action to ensure that those who saw their pensions and life savings hit hard get the compensation they deserve.
"Liberal Democrats have long campaigned for proper compensation for Equitable Life policyholders and committed to it in our election manifesto. This announcement is further proof of our influence in Government."
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