Examples of using Equitable life in English and their translations into German
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Petitions led to the Equitable Life Report of the European Parliament.
Constituents across Scotland have contacted me seeking action on Equitable Life, not just words.
I want to mention particularly last year's Equitable Life, which was a child, if you like, of the committee's work.
It would make good the current lack of cross-border access to justice,which we saw all too clearly with Equitable Life.
It has also happened recently in another field, with Equitable Life, when the financial sector was inadequately regulated.
And, can I gently remind you, as you mentioned redress, of the absolute lack of redress for Equitable Life policyholders?
It should be noted, however, that Equitable Life did not enter into liquidation and continues to operate as an authorised insurance undertaking, albeit one that is closed to new business.
I think it is also important that we keep the pressure on those with theresponsibility, again the UK authorities, in relation to Equitable Life, to get them to take action.
With regard to the Equitable Life committee, it is clear that we have contributed to establishing who is responsible for a financial disaster which has done serious harm to thousands of European citizens.
These are cases which are damaging to large numbers of people,in this case the many thousands of people who trusted the insurance company Equitable Life with their future.
Secondly, on Equitable Life, my constituent, Arthur White, has submitted a petition highlighting the regulatory failings that occurred in relation to Equitable Life.
I thank you for your reply, Commissioner, but can you tell me how one ismeant to have confidence in the single market if Equitable Life can get away with treating ordinary people in this way?
Also a recommendation that taxpayers should compensate Equitable Life policyholders but not National Provident Institution policyholders or failed institutional pension scheme members whose case is no less convincing?
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.
Those in this House that sat on the Temporary Committee of Inquiry into the Crisis of the Equitable Life Assurance Society also saw only too clearly that there is this problem of confidence.
The committee has already invited a number of key witnesses to the European Parliament, including from the following categories:pensioners' groups, the Equitable Life Members' Action Group;
I would like to recall just three cases-the Lloyds case, the Equitable Life case and the matter of local planning abuses in Spain, which were brought simply because the relevant directives were not properly implemented in the countries in question.
This House voted on a report in 2007 which called on the UK Government to recognise its responsibility andto compensate Equitable Life policy holders in the UK, Ireland, Germany and elsewhere.
Many of us in this House, and particularly in the Committee on the Internal Market and Consumer Affairs, have spent the last couple of years sitting on anenquiry by Parliament into the demise of the British insurer, Equitable Life.
I would bring to your attention an issue concerning Equitable Life, where we had some light-touch regulation and not great clarity about how Community law was actually being implemented- and we have seen the dire consequences of that particular issue.
Could I perhaps also ask Mr Bolkestein whether he is aware of the failure of Independent Insurance in the United Kingdom over recent months andthe appointment by the British Government of an inquiry into the Equitable Life insurance company?