Equitable Life compensation: 200,000 may miss out More than 200,000 pensioners who lost money when Equitable Life collapsed may miss out on compensation because of failings in a government scheme, according to MPs. The Commons Public Accounts Committee criticises the Treasury for failing to get a grip on payouts, saying the lack of publicity over the cut-off time for claims means some savers won't get any money back. Aisling McVeigh reports.