Government extends Equitable Life payments scheme

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The government has extended a payment scheme for Equitable Life policy holders to mid-2015 and is due to launch an advertising campaign to encourage more policyholders to come forward.

The Equitable Life payments scheme (ELPS), which was set up to compensate investors who suffered losses as a result of the maladministration of Equitable Life, has so far paid out £734m to more tha...

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