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Govt 'failing Equitable victims'

More than 200,000 victims of the collapse of Equitable Life may miss out on compensation payments because of failings in a Treasury scheme, MPs have warned.

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Treasury: Equitable Life report is 'scaremongering'

A Treasury source said:

We do not agree that the Government has failed to get a grip on the planning or delivery of this important work. We continue to monitor the progress of the Equitable Life Payment Scheme very closely and are working hard to maximise the numbers of people who will eventually receive payments.

Instead of scaremongering, the Labour chairman of this committee should explain why her party shamefully did absolutely nothing about this scandal for a decade.

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