Equitable Life groups target treasury

The four Equitable Life action groups have joined forces to seek £2.6bn from the Treasury to ‘redress the failures of successive regulators’. Publication of the internal inquiry into the Financial Services Authority’s (FSA) handling of Equitable, led by Ronnie Baird, the FSA’s head of internal audit along with liquidator PricewaterhouseCoopers and solicitors Norton Rose, is now delayed until the autumn.