NAO criticizes Treasury over Equitable Life compensation
The UK’s National Audit Office (NAO) has fiercely criticized the Treasury for its handling of payments to pensioners affected by the collapse of UK-based assurer Equitable Life. A £1.5bn ($2.29bn) compensation scheme was announced by Finance Minister George Osborne in October 2010, and payments began nine months later.
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.
Register for our free email digests: