The Cabinet Office has named Legal & General as the preferred provider for the civil service's defined contribution (DC) scheme.
Hilary Salt warns quick-fix compliance is replacing professional judgement
The government's Equitable Life Payments Scheme (ELPS) has now issued over £990.5m worth of payments.
The Equitable Life Payment Scheme (ELPS) has paid out £816m to 717,600 policyholders.
The Treasury has spent more than £2.6m on administering the Equitable Life payments scheme (ELPS) in the three months to November, government figures have shown.
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 Treasury will launch an Equitable Life Payment Scheme advertising campaign to encourage outstanding payment recipients to come forward.
HM Treasury (HMT) has provided an "unacceptably poor" service to Equitable Life policyholders, the Public Accounts Committee (PAC) has said.
The Treasury has admitted destroying a disc which contained the details of 350,000 Equitable Life victims' names and addresses.
The Treasury has claimed that the Equitable Life payments scheme is on track to close on schedule in 2014, despite claims it has been hit by delays and mistakes.