Equitable victims 'can't be found'

Up to one fifth of victims of the Equitable Life scandal will never be compensated because of failed attempts to trace them, a spending watchdog has warned.

An estimated 17-20% of policyholders, or up to around 200,000 people, will never be tracked down, despite tracing attempts such as advertising and using credit reference agencies, the National Audit Office (NAO) said.
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