Olive branch offered to Equitable Life board

An action group for policyholders of troubled mutual Equitable Life said today it had written to the society’s board offering an olive branch.

An action group for policyholders of troubled UK mutual Equitable Life said today it had written to the society’s board offering an olive branch.

Equitable Members’ Action Group (EMAG), which also announced the appointment of a new chairman today, said it hoped the move would lead to renewed co-operation between the group and Equitable’s directors.