Government extends Equitable Life payments scheme

clock

The government has extended a payment scheme for Equitable Life policy holders to mid-2015 and is due to launch an advertising campaign to encourage more policyholders to come forward.

The Equitable Life payments scheme (ELPS), which was set up to compensate investors who suffered losses as a result of the maladministration of Equitable Life, has so far paid out £734m to more tha...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Funding improvements and dashboard progress highlights of 2025

Funding improvements and dashboard progress highlights of 2025

Industry says it wishes for ‘less meddling’ and fewer regulations in 2026

Jasmine Urquhart
clock 22 December 2025 • 2 min read
PPI: Budget build up and let down?

PPI: Budget build up and let down?

Chris Curry looks at how Budget measures may give the new Pensions Commission a bigger adequacy gap to fill

Chris Curry
clock 22 December 2025 • 3 min read
Hargreaves Lansdown partners with Smart's Keystone platform

Hargreaves Lansdown partners with Smart's Keystone platform

Hargreaves said multi-million-pound investment in the platform will help grow its workplace business

Holly Roach
clock 22 December 2025 • 3 min read
Trustpilot