{"id":91486,"date":"2018-06-15T20:03:08","date_gmt":"2018-06-15T13:03:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/equitable-life-to-shut-down-with-surprise-1-8bn-policyholder-windfall\/"},"modified":"2018-06-15T21:03:45","modified_gmt":"2018-06-15T14:03:45","slug":"equitable-life-to-shut-down-with-surprise-1-8bn-policyholder-windfall","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/equitable-life-to-shut-down-with-surprise-1-8bn-policyholder-windfall\/","title":{"rendered":"Equitable Life to shut down with surprise \u00a31.8bn policyholder windfall"},"content":{"rendered":"


\nScandal-hit pension company to pay out \u00a36,900 to each of 261,000 existing customers, but 800,000 former policyholders will receive nothingEquitable Life, the scandal-hit pension company that came close to collapse in 2000, is finally shutting down with a surprise \u00a36,900-a-head windfall for the last remaining policyholders.Around 261,000 people will share in a \u00a31.8bn payout after Equitable said it would transfer its business to a separate insurer, Reliance Life, and unlock the capital tied up in funds. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Equitable Life to shut down with surprise \u00a31.8bn policyholder windfall<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Scandal-hit pension company to pay out \u00a36,900 to each of 261,000 existing customers, but 800,000...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-91486","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-nNA","jetpack-related-posts":[{"id":91474,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/equitable-life-policyholders-in-line-for-1-8bn-windfall-18-years-after-it-almost-collapsed\/","url_meta":{"origin":91486,"position":0},"title":"Equitable Life policyholders in line for \u00a31.8bn windfall 18 years after it almost collapsed","date":"June 15, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Equitable Life policyholders in line for \u00a31.8bn windfall 18 years after it almost collapsed","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28923,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/harbourvest-extends-1-8bn-offer-to-svg-shareholders\/","url_meta":{"origin":91486,"position":1},"title":"HarbourVest extends \u00a31.8bn offer to SVG shareholders","date":"October 7, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...HarbourVest extends \u00a31.8bn offer to SVG shareholders","rel":"","context":"In "Property 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"Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52307,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-bats-off-1-8bn-outflows-as-a-one-off-linked-to-janus-merger\/","url_meta":{"origin":91486,"position":4},"title":"Henderson bats off \u00a31.8bn outflows as a 'one-off' linked to Janus merger","date":"April 19, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Henderson bats off \u00a31.8bn outflows as a 'one-off' linked to Janus merger","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81093,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/deutsche-bank-plans-1-8bn-float-of-its-asset-management-arm-next-month\/","url_meta":{"origin":91486,"position":5},"title":"Deutsche Bank plans\u00a0\u00a31.8bn float of its asset management arm next month","date":"February 26, 2018","format":false,"excerpt":"\r \r \r 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