Mike has written to Mark Hoban MP, Financial Secretary to the Treasury, on behalf of constituents who have still not received any payments from the Equitable Life fund.
In his letter, Mike said: “I have been contacted by a number of constituents about the Government’s handling of Equitable Life settlements. Indeed, many of these constituents are quite old and further delays are having a significant impact on them.”
Commenting, Mike said: “I wanted to highlight to the minister that the delays in paying out money with relation to Equitable Life is having a considerable impact on the lives of many Hove and Portslade residents. A timetable needs to be outlined so that policyholders know where they stand.”