Sir John Chadwick, who was appointed by the Government to advise it on the level of payouts that should be made, said he favoured a flexible approach to assessing how much policyholders had lost.
Payments to policyholders who lost money in Equitable Life should be made quickly and put the minimum burden on those affected, it was announced today.
Sir John Chadwick, who was appointed by the Government to advise it on the level of payouts that should be made, said he favoured a flexible approach to assessing how much policyholders had lost.