400 qualify for compensation says Heathfield MP

Heathfield MP Greg Barker calls on people who had pensions with Equitable Life to make sure they get the compensation promised to them by the Government.

Greg said: “Although 450,000 people have now received a compensation cheque, about 20 per cent remain untraced and if people don’t get their claim in they will miss out.” He thinks about 400 constituents will qualify.

The Equitable Life Payments Scheme was set up by the Coalition in 2011 to pay up to £1.5 billion to victims of the scandal and £600 million has already been paid out. But many people have moved without giving their new address. The scheme will close in 2015.

If you think you qualify you can first confirm your policy is eligible by ringing the ‘Policychecker’ service on 0300 0200 150 or write to Equitable Life Payment Scheme, PO Box 4110, Glasgow G58 1EL quoting your name, address and Equitable Life policy number. The website can be found at: http://tinyurl.com/ELcompensation or: http://equitablelifepaymentscheme.independent.gov.uk/index.htm