Equitable Life policyholders today might today be left wondering if this is in fact their own annus ...
Equitable Life policyholders today might today be left wondering if this is in fact their own annus horribilus after the life group announced it is to cut future returns. The latest upset for Equitable customers -following the decision earlier this year to close its books to new business - is that the life group is to cut policy returns as it takes into consideration the under-performance of investments. In addition to cutting policy returns by 14% for life assurance policyholders and 16% for pension policyholders to 5% and 6% respectively from July onwards, Equitable say there wi...
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