Equitable Life | AccountingWEB

Equitable Life

Ernst & Young has been fined half a million pounds and ordered to pay £2.4m in costs by the Accountant's Joint Disciplinary Scheme (JDS) and Appeal Tribunal following an investigation into


A cross-party group of MPs has written to Alistair Darling calling on him to respond to the recommendations made in the wake of Equitable Life’s collapse.

If the Accountant’s Joint Disciplinary Scheme (JDS) tribunal rules against Ernst & Young for the firm’s involvement in the Equitable Life affair, the penalties could include an unlimited fine.

Following its recent settlement with Ernst & Young, Equitable Life confirmed this week that it has dropped its negligence claim against two former directors - Peter Martin and Shaun Kinnis - on