Equitable Life

Equitable Life will give policyholders who leave the society an enhancement to their with-profits payment equivalent to 12.5% of their policy value.

The Serious Fraud Office (SFO) has been instructed to release potentially sensitive documents about the downfall of Equitable Life following a Freedom of Information (FOI) request.

The government has published the Independent Commission on Equitable Life Payments' report, which recommends how compensation worth £775m should be divided up.

In the spirit of the traditional Christmas panto, we have come up with our definitive list of heroes and villains of the pensions world for 2010. Question is: Do you agree with us?

The Equitable Life (Payments) Bill passed its second and third readings in the House of Lords yesterday, but not without renewed calls for pre-1992 annuitants to be included in compensation payouts.

Thousands of Equitable Life victims who annuitised before 1992 will receive no compensation despite a proposed amendment to include them in the government's repayments package.

The level of compensation due to 10,000 Equitable Life customers who bought with-profits annuities before 1992 would be "impossible to calculate", Tory MP Jonathon Evans says.

Labour MP Fabian Hamilton has tabled an amendment to the Equitable Life (Payments) Bill to include 10,000 more annuitants in the compensation scheme.

The Independent Commission on Equitable Life Payments has published a discussion paper asking how funding to non with-profits annuitants should be allocated and prioritised.

Equitable Life with-profts annuitants (WPAs) will be paid in full from a £1.5bn compensation pay-out, with the first payments coming next year.