Posts Tagged ‘Equitable’

Equitable Life Payments Scheme payments pass £970 million

Comments Off | 08-21-2014

Since April 2014, the scheme has issued payments to a further 17,000 policy holders, meaning that over 877,000 (out of 1 million) eligible policyholders have now had payments issued to them.
The figures are broken down as follows:

407,141 payments to individual investors have been issued totalling £547.6 million
37,379 initial payments to With-Profits Annuitants (WPAs) or their

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Equitable Life Payment Scheme payouts pass £900 million

Comments Off | 04-10-2014

The government’s Equitable Life Payment Scheme (ELPS) has now paid out £901 million.
Since January 1 2014, the scheme has issued payments to a further 143,372 policy holders. This equates to almost 1,600 policy holders being paid every week since January and means that over 860,000 out of 1 million eligible policyholders have now received the

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