The Sharks Exposed - New Costa del Sol Action Group

Equitable Life....the story so far
I find it hard to believe that EMAG Europe is now over six months old, has
a membership of 153 policyholders spread across 13 different countries.
I was asked in mid July 2008 to set up an expatriate group of EMAG to
augment and further support the main thrust back in the UK. This begun
on the 1st August 2008.
The support of our membership has been excellent with members lobbying
both their MP back in the UK and their European Parliament MP for their
support. Members have added their signature to various petitions and
again also lobbied their MPs to support various EDMs and of course the
PASC set up to investigate and support the search for the truth into the
near collapse of Equitable Life back in 2000 which has already had many
meetings and is generally very supportive of EMAG.
Besides getting the support of the European Parliament and a damning
report by the Government’s Ombudsman Ann Abraham quoting gross
maladministration, together with the support of the PASC, the Government
has appointed retired judge Sir John Chadwick into deciding who does
and who does not qualify for compensation. On the face of it very few
people would qualify and they would most likely have to face the degrading
and humiliating experience of being means tested which just isn’t on. The
appointment of Chadwick is being contested by EMAG.
This stance by the Government is just not on and although it may have
seemed that EMAG has been very quiet over the past couple of months
there have been many meetings between them and their solicitors which
should result very shortly in the announcement of very positive news in
favour of all types of Equitable Life policyholder. It is the belief of EMAG
that all policyholders are the same and should be treated that way.
What can us the policyholders do? We wait for the announcement from the
from the main EMAG board and we then all give them our full one hundred
per cent support in fighting the recent decision of the UK Government
which still continues, after nearly ten years, to discriminate against us the
long suffering Equitable life policyholders.
So far more than 30,000 pensioners have died waiting for justice. We seek
proper compensation not a means-tested handout.
16 www.costa-action.co.uk