Posts Tagged ‘financial losses’

Equitable Life Payments Scheme payouts approach £1.08 billion

Comments Off | 11-14-2015

The scheme was set up by the government in 2011 to make fair and transparent payments to policyholders who suffered financial losses as a result of government maladministration which occurred in the regulation of Equitable Life.
Since the last progress report in June 2015, the scheme has issued payments to a further 13,000 policyholders, meaning that over 915,000

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