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FSA and Equitable to face Treasury Committee

The FSA and Equitable Life are to be questioned by the Treasury Committee about their role in the events that led to the mutual closing its doors to new business last year.

The committee, chaired by Labour MP Giles Radice, is to look into the regulatory environment and management of risk in the life assurance sector following the Equitable affair.

The FSA and Equitable go before the committee on February 15.

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