Hoban hammers Labour as MPs back Eq Life Bill

clock

Financial secretary Mark Hoban has pointed the finger of blame at the Labour government for the scale of payments owed to Equitable Life policyholders following the insurer's near collapse 10 years ago.

Speaking during the second reading of the Equitable Life Payment Bill yesterday afternoon, Hoban said more progress had been made in solving the Equitable problem under the coalition government "th...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Pension Schemes Bill reaches Lords committee stage, DC concerns, Aon retirement planning tool

Professional Pensions
clock 16 January 2026 • 1 min read
PRA raises concern over 'competitive pressures' in buy-in market

PRA raises concern over 'competitive pressures' in buy-in market

Organisation set out its priorities for the insurance sector in its annual ‘Dear CEO’ letter

Holly Roach
clock 16 January 2026 • 2 min read
UK Pensions Awards 2026: 1 week left to enter!

UK Pensions Awards 2026: 1 week left to enter!

This year’s awards will be held on 11 June at The Brewery in London

Professional Pensions
clock 16 January 2026 • 3 min read
Trustpilot