HMT claims Equitable Life payments 'on track' after damning NAO report

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The Treasury has claimed that the Equitable Life payments scheme is on track to close on schedule in 2014, despite claims it has been hit by delays and mistakes.

The National Audit Office (NAO) issued a report last month which claimed that inconsistent and inaccurate data had led to "severe delays" in payments from the scheme and that it ran the risk of "fa...

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