Budget 2013: Osborne extends Equitable Life compensation scheme

clock

Chancellor George Osborne has announced the government will extend its Equitable Life compensation payments to cover customers who bought with-profits policies before 1992.

When the £1.5bn Equitable Life Payments Scheme began two years ago, it did not cover this group of policy holders (PP Online, 16 May 2011). However, the Chancellor announced today that the gover...

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

Isio acquires Collidr in bid to boost financial adviser offering

Isio acquires Collidr in bid to boost financial adviser offering

Deal is subject to FCA approval

Jenna Brown
clock 06 May 2026 • 1 min read
TPO positive performance unlocks additional funding from DWP

TPO positive performance unlocks additional funding from DWP

Funding will allow TPO to expand its frontline casework teams by 20% this year

Holly Roach
clock 06 May 2026 • 2 min read
Swales, Goddard and Barker team up to launch capital-backed DB offering

Swales, Goddard and Barker team up to launch capital-backed DB offering

Safe Covenant launch aims to benefit sponsors, trustees and scheme members

Jonathan Stapleton
clock 06 May 2026 • 5 min read
Trustpilot