2
Prudential Moves on With-Profits
Prudential has hired ex-Freshfields partner Peter Bloxham as Policyholder Advocate (PHA), plan to release up to £9b orphan estate in its with-profit fund Guardian Prudential has bought Equitable's with-profits bulk annuity fund 15.03.07 Times, In-House Lawyers, Life Assurance
Equitable in EU
MEPs are to investigate break-down of Equitable Life, finding of improper application of EU law could result in legal action 18.01.06 Investment & Pensions Europe, EU Law, Pensions
Equitable
Assurer is dropping part of suit against former directors, claim that lost opportunity to sell firm as going concern, will continue with claim of negligence 18.10.05 BBC, Capital Markets Links
Equitable
Ince & Co partner Bob Deering accuses Equitable of bullying his client, ex-non-exec director David Wilson, had assurer won its £1.7b suit it would have end of non-execs 11.10.05 Telegraph
Equitable
Assurer has dropped its case £1.7b against former directors, Peter Martin and Shaun Kinnis will pay their own legal costs 04.10.05 Telegraph
Equitable
Assurer believed ready to drop £1.7b case against former directors, condition that each side pays own costs 28.09.05 BBC, Financial Services Links
Equitable
Policyholder action groups call on chair Vanni Treves to step down following collapse of â¤700m case against auditor Ernst & Young, â¤1.4b case against former directors continues 26.09.05 BBC
Equitable
Biggest climbdown in history, says Ernst & Young about abandonment of case by assurer, no chance now of compensation for policyholders denied guaranteed annuities 23.09.05 Guardian, Corporate Governance Links
Equitable
Equitable and Ernst & Young have agreed to walk away from their court case, each will pay its own costs, thought to be £30m each 22.09.05 Telegraph, Corporate Governance Links, Financial Services Links, Insurance Links
Equitable
Equitable and auditor Ernst & Young are on brink of a deal, due to go back to court today in £700m suit over liability for guaranteed annuities 19.09.05 Telegraph, Corporate Governance Links, Life Assurance Links