North East Herts MP, Oliver Heald, is calling on any constituents who had pensions with Equitable Life to make sure they get the compensation promised to them by the government before it is too late.
“Although 450,000 people have now received a compensation cheque, some remain untraced” said Oliver Heald, “and if people don’t get in their claim they will miss out”.
The Equitable Life Payments Scheme was set up by the coalition in 2011 to pay up to £1.5 billion to victims of the Equitable Life scandal, and £600 million has already been paid out. But many people have moved without giving their new address and an alarming number seem to be unaware that they are entitled to a payment.
Potentially there are people in North East Hertfordshire missing out on compensation.
“It would be such a shame if having worked all their lives, these pensioners miss out on the money that has been allocated to them” said Oliver Heald.