Treasury says £70m paid to Eq Life policyholders

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More than £70m has so far been paid out to some 95,000 individual policyholders in Equitable Life, according to a progress report from the Treasury.

Its latest figures shows payments had been made to 95,601 policyholders at the end of January, totalling £70.75m. That includes more than £9m paid out to 11,000 with-profit annuity policyholders...

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