THE Parliamentary Ombudsman will announce next week whether she plans to reopen her investigation into the regulation of Equitable Life.

Ann Abraham will report to Parliament on Monday, setting out her decision.

She has already carried out an investigation into the regulation of Equitable by the Financial Services Authority, but found no evidence of maladministration.

Policyholders and MPs have urged her to look at the role played by the Treasury, the Department of Trade and Industry and the Government Actuaries Department.