§ The Financial Secretary to the Treasury(Ruth Kelly)
As I set out in my written statement of 5 January, Official Report, column I W, Lord Penrose delivered the report of his inquiry into Equitable Life to the Treasury on 23 December.
Further to that statement and my written answer to the Member for Preseli Pembrokeshire on 26 January, Official Report, column 110W, I wish to inform the House that named individuals from Equitable Life's current senior management and their advisers have now been shown limited extracts of Lord Penrose's report, to assist the Treasury with its public functions. The Treasury is also taking independent actuarial advice.
Consequently, the report, or extracts from it, are now the subject of examination by Treasury officials and their legal and actuarial advisers, named FSA and DTI officials, the Serious Fraud Office, and a small number of Equitable Life's current senior management and their advisers.
As I set out in my statement of 5 January, the Treasury intends to publish the report in full as soon as possible. I will continue to keep the House fully informed