All Equitable Life members have been advised of the Proposal regarding the changes to the Equitable Life Scheme. The Proposal has now been passed at the Policyholders’ Meeting and will be considered by the High Court on 22 November 2019. Assuming that High Court approval is given, the changes will take place on 1 January 2020. We will issue an update when the final approval is confirmed.
All members who hold With-Profits investments are advised to tell Equitable Life of their investment choices, if not already done. You must do this by 13 December 2019 if you wish your choice to be effective from 1 January 2020. Details can be found in the Investment Choice Pack sent to affected members in August.
For further details, see the Equitable website: www.equitable.co.uk