Future of Equitable Life Remains Uncertain, Say Analysts

NEWS

LONDON -- The future of Equitable Life Assurance, the troubled British mutual life assurer that fell foul of a mixture of strategic and legal hazards, remained uncertain in late January.

UK pension industry analysts say Equitable's fate remains delicately poised amid the conflicting interests of possible buyers of the company, of policyholders considering shifting to another pension provider and of other policyholders thinking of maximising the advantages granted them by a UK legal decision.