Do I still have a claim for mis-selling?
If you still have an Equitable Life with-profits policy, any outstanding potential mis-selling claims in relation to the GAR costs have probably been settled under the scheme. If your policy was cancelled before that date, so you were no longer a with-profits policyholder on the effective date, any potential claim you might have has not been affected by the scheme. The Society has now received the B&W Deloitte report which says that there was mis-selling and will be setting up a S425 Compromise scheme for those who terminated policies between 20 July 2001 and 8 Feb 2002. This should be available later in the year and should come into place 2003.
