EQUITABLE LIFE COMPENSATION (No. 3)

That this House notes that the collapse of Equitable Life affected more than one million people; further notes that an estimated 32,000 people have died while waiting for just compensation; welcomes the Parliamentary Ombudsman's recent report Injustice Unremedied: The Government's Response to Equitable Life; accepts the report's findings that the Government's response was unsatisfactory; strongly supports the Ombudsman's previous recommendation for the establishment of a just compensation scheme; and calls for the Government to accept immediately all of the findings of the Ombudsman's original report.