Equitable Life policyholders have never agreed that it was "fair" that they should receive compensation £1.5Billion which is acknowledged to fall far short of the loss that they actually experienced. The figure of £4.3 Billion is the agreed acknowledged debt of failure of government regulators.
Equitable policyholders believe their pension savings, carefully accumulated over decades, should be safeguarded in exactly the same way as funds deposited in the failed Banks and Building Societies, which were bailed out to maintain consumer
confidence.
Nearly one million non-annuitant policyholders, acknowledged to have lost £3.5bn directly down to regulatory failure, have been short changed thus far by a staggering £2.7 bn . They have only been paid, after a decade-long fight, just over a fifth of their losses- NOT FAIR - WE WANT OUR MONEY BACK!
