Why did Equitable Life Fail?
Why did Equitable Life Fail?
HOW IT NEARLY TOPPLED. Founded in 1762, Equitable Life is the oldest mutual life insurance company in the UK. It came to the brink of collapse in 2000 after it could not afford to pay guarantees on pensions annuities, and was forced to put itself up for sale and close to new business. Mar 4, 2018
