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Equitable to compensate on mis-selling.

Europe Intelligence Wire

| October 01, 2002 | COPYRIGHT 2002 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Financial News (Daily))

About 70,000 former policyholders with Equitable Life could share a total of [pound]75m ('119m) compensation, the stricken mutual said Monday.Charles Bellringer, the society's chief financial officer, said an investigation by actuaries Bacon & Woodrow Deloitte found evidence to support mis-selling claims and Equitable ...

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