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Equitable Life Payment Scheme exceeds GBP800m in payouts

Established by the UK government in 2011, the Equitable Life Payment Scheme (ELPS) has now made payments to 717,600 policyholders, totalling GBP816m, HM Treasury announced on Wednesday.

The ELPS was set up to make payments to Equitable Life policyholders who have suffered financial losses....  

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