Equitable Life scheme pays out £277m to policyholders
The Equitable Life payment scheme has made payments to 288,823 policyholders, totalling at more than £277m, since its launch in June 2011.
In the scheme's progress report, published yesterday, it revealed that it has written to 90% of policyholders who are due to receive compensation. This represents a sudden increase in scheme payments...
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