Committee chairwoman Margaret Hodge said she was "stunned" to learn that the Treasury destroyed details and addresses of 353,000 policyholders provided by the Equitable Members Action Group in 2011 on data protection grounds.
It is completely unacceptable that more than 10 years after the collapse of Equitable Life so many victims still have not received the compensation they are entitled to.
Only 35% of policyholders have received payments despite 72% of the budget being spent. We heard of cases where people had been sent multiple letters requesting the same information and received only generic responses to individual queries and complaints.
More top news
Dramatic video recorded during the return of NASA’s Orion through Earth’s atmosphere reveals intense conditions on the Orion spacecraft.
Rain will continue to fall in the north and west of England as the south remains largely dry for the start of the day.
Records reveal The Lord of the Rings and The Hobbit might never have been written had JRR Tolkien not fallen ill with “trench fever”