Articles tagged "Equitable Life"

The chancellor has pledged to spend £1.5 billion on compensating Equitable Life policyholders, four times the amount that was previously recommended to the government by Sir John Chadwick.

The board and policyholders of Equitable Life are making a last-ditch attempt to lobby the government to pay full compensation, ahead of the spending review next month.

The government has been reprimanded by the parliamentary ombudsman for failing to act on its recommendations to compensate Equitable Life victims.