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

AI will be part of solution to close member engagement gap, industry says

AI will be part of solution to close member engagement gap, industry says

SPP survey finds industry mostly believes AI will be part of the solution

Holly Roach
clock 29 May 2026 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Aon CDC paper, BPA transactions, PPI DB report and LGPS analysis by Pensions UK

Professional Pensions
clock 29 May 2026 • 1 min read
AI, advice and accountability: How trustees can protect members in a digital age

AI, advice and accountability: How trustees can protect members in a digital age

Girish Menezes looks at the rise of AI in member decision making

Girish Menezes
clock 28 May 2026 • 4 min read
Trustpilot