Annuities: Equitable Life victims to receive compensation sooner than expected

Compensation for Equitable Life With Profits Annuity ownersA Government scheme, to provide compensation to some victims of Equitable Life, is to be brought forward, so payments are made sooner than expected. The scheme announced in the Budget, is designed to compensation pensioners who bought With Profit Annuities from the beleaguered insurer before 1992. The original compensation scheme only paid out to victims who had bought their ...