Equitable Life deadline 'ridiculous'

A report by MPs says 200,000 pension savers who lost money in the Equitable Life scandal may miss out because of lack of publicity for a compensation scheme.

Retired businessman Jeff Worsley, who lost money after investing heavily in Equitable Life, is now involved with the Equitable Members Action Group and criticised the scheme's March 2014 deadline.

He said: "There are a lot of old people who are not capable of looking after themselves in this sort of area."

BBC News