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Equitable Life

EDM (Early Day Motion) 260: tabled on 05 March 2020

Tabled in the 2019-21 session.

This motion has been signed by 40 Members. It has not yet had any amendments submitted.

Motion text

That this House recognises that the Equitable Life scandal remains an ongoing and significant injustice; notes that the majority of victims are retired factory shop workers, nurses, teachers, civil servants and small business owners who diligently saved for their retirement; is concerned that 12 years after the Government accepted the Parliamentary Ombudsman's findings that a decade of maladministration by UK Government regulators led to one million pension savers suffering multi-billion pound losses, 95 per cent of Equitable Life policyholders have received only 22 per cent of the money they lost as a consequence of UK Government maladministration; seeks a commitment that victims will receive the missing 78 per cent of their compensation entitlement; seeks a further commitment that the 10,000 pre-September 1992 WP annuitants are compensated on exactly the same terms as those who took their WP annuity after that date; and therefore calls on the Government to urgently increase the available funding from £1.5 billion to £4.1 billion to reflect the Treasury's own calculation of the true cost of full compensation to all victims.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.

In addition to the sponsors, the following Members have signed to support the motion.

Bottomley, Sir Peter
Conservative
Signed on 9 March 2020
Worthing West
Shannon, Jim
Democratic Unionist Party
Signed on 9 March 2020
Strangford
Blackman, Bob
Conservative
Signed on 9 March 2020
Harrow East
Penning, Sir Mike
Conservative
Signed on 10 March 2020
Hemel Hempstead
Saville Roberts, Liz
Plaid Cymru
Signed on 10 March 2020
Dwyfor Meirionnydd
Robinson, Gavin
Democratic Unionist Party
Signed on 10 March 2020
Belfast East
Campbell, Mr Gregory
Democratic Unionist Party
Signed on 11 March 2020
East Londonderry
Cherry, Joanna
Scottish National Party
Signed on 11 March 2020
Edinburgh South West
MacAskill, Kenny
Scottish National Party
Signed on 12 March 2020
East Lothian
Lucas, Caroline
Green Party
Signed on 12 March 2020
Brighton, Pavilion
Glindon, Mary
Labour
Signed on 16 March 2020
North Tyneside
Green, Kate
Labour
Signed on 16 March 2020
Stretford and Urmston
Donaldson, Sir Jeffrey M
Democratic Unionist Party
Signed on 16 March 2020
Lagan Valley
Yasin, Mohammad
Labour
Signed on 21 April 2020
Bedford
Day, Martyn
Scottish National Party
Signed on 4 May 2020
Linlithgow and East Falkirk
Jardine, Christine
Liberal Democrat
Signed on 18 May 2020
Edinburgh West
Henderson, Gordon
Conservative
Signed on 19 May 2020
Sittingbourne and Sheppey
Metcalfe, Stephen
Conservative
Signed on 19 May 2020
South Basildon and East Thurrock
Betts, Mr Clive
Labour
Signed on 22 May 2020
Sheffield South East
Thompson, Owen
Scottish National Party
Signed on 27 May 2020
Midlothian
Ferrier, Margaret
Scottish National Party
Signed on 30 May 2020
Rutherglen and Hamilton West
Benn, Hilary
Labour
Signed on 2 June 2020
Leeds Central
Selous, Andrew
Conservative
Signed on 8 June 2020
South West Bedfordshire
Nicolson, John
Scottish National Party
Signed on 10 June 2020
Ochil and South Perthshire
Davies, Geraint
Labour
Signed on 15 June 2020
Swansea West
Lake, Ben
Plaid Cymru
Signed on 16 June 2020
Ceredigion
Wilson, Sammy
Democratic Unionist Party
Signed on 17 June 2020
East Antrim
Vickers, Martin
Conservative
Signed on 22 June 2020
Cleethorpes
Lewis, Clive
Labour
Signed on 23 June 2020
Norwich South
Wilson, Munira
Liberal Democrat
Signed on 29 June 2020
Twickenham
Amess, Sir David
Conservative
Signed on 29 June 2020
Southend West
Chamberlain, Wendy
Liberal Democrat
Signed on 1 September 2020
North East Fife
Ribeiro-Addy, Bell
Labour
Signed on 1 September 2020
Streatham
Russell-Moyle, Lloyd
Labour
Signed on 15 September 2020
Brighton, Kemptown

There are no withdrawn signatures for this motion.