IT SEEMS THERE will be a running commentary in the national press over the Equitable Life court case for the rest of this year, as this morning's Daily Telegraph says the society has been accused of constantly changing its mind about the direction of its legal suit.
Former director Peter Martin, who is also a trained solicitor, accused the current management of “changing their minds as often as the Prince of Wales changed his wedding plans”, as directors are said to be unhappy about all the amendments which will increase the costs of the trial. A number of the directors are said to have limited resources as Martin and former chief executive Christopher Headdon are appearing as litigants in person without legal representation. ELSEWHERE, NICOLA HORLICK seems to have made the front page of several national newspapers this morning, including the Sco...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes