Equitable to Hand Back Pounds 40 Million

Summary


Equitable Life today announced plans to hand back hundreds of millions of pounds to its beleaguered policyholders who have seen the value of their investments dive as a result of the problems at the society.

The mutual is set to increase the value of members' with-profits policies by 12.5 per cent for those whose investments mature or who leave the society after April 1 this year.

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Equitable to Hand Back Pounds 40 Million

It expec...

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