Equitable Life compensation: 200,000 may miss out

More than 200,000 pensioners who lost money when Equitable Life collapsed may miss out on compensation because of failings in a government scheme, according to MPs.

The Commons Public Accounts Committee criticised the Treasury for failing to get a grip on payouts, saying the lack of publicity over the cut-off time for claims means some savers won't get any money back.

Aisling McVeigh reports.

BBC News