Equitable Life compensation demanded by pensioners

Pensioners hit by the Equitable Life scandal are to make a final attempt to persuade the government to pay them full compensation.

The Equitable Members Action Group (EMAG) is sending proposals to ministers before next month's decision on how much they will receive.

The company's board is also writing to the Treasury with its own submission.

Losses have been put at nearly £5bn, but the Equitable's investors fear they may be offered just a tenth of that.

Simon Gompertz reports.

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