Summary
Only a few hundred of the one million people due compensation for their losses in Equitable Life have so far been contacted, let alone paid out, three months after the payment process was supposed to have begun.
The Treasury, which had promised payments would start before June 30, said then that it had "begun to send out cheques", and promised: "Because of the years of frustration and waiting that policyholders have endured, the Government has moved swiftly to make sure that the scheme is in place as quickly as possible."See the full content of this document
Extract
Vast Majority of Equitable Life Victims Still Await Cash
But a Freedom of Information request from Equitable Members Action Group established that only 321 payments were made in August.
The Coalition Government announced last Jan...See the full content of this document
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