Equitable Compromise Proposal Planned For Mid-September


LONDON -- Troubled UK mutual life assurer Equitable Life is planning a mid-September publication date for its compromise proposal for resolving the financial crisis caused by its falling foul of operational hazards in the form of legal and strategic risks.

Equitable officials said in mid-August the shape the compromise plan takes could be affected by a report the firm has commissioned from lawyer Nicholas Warren. This report, which is also expected in mid-September, is intended to look at

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here