Equitable Life

Part of Opposition Day — [6(th) Allotted Day] – in the House of Commons at 4:10 pm on 16 March 2010.

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Photo of Mark Hoban Mark Hoban Shadow Minister (Treasury) 4:10, 16 March 2010

Of course, the truth is that we do not know how much compensation will be payable to policyholders. We will not know that until Sir John has completed his final report and his conclusions have been applied to the data supplied by Equitable Life. We need to bear it in mind that we do not yet know what the bill will be.