Both the Conservatives and the Liberal Democrats have included a commitment to the policyholders in their manifestos, a level of detail that it is unusual to see at election times and which is down to the vigorous campaign that the policyholders have waged.
The Conservatives say: "We will implement the Ombudsman's recommendations to make fair and transparent payments to Equitable Life policyholders, through an independent payment scheme, for their relative loss as a consequence of regulatory failure".
The Liberal Democrats say: "We will ... reward savers by ... meeting the government's obligations towards Equitable Life policyholders who have suffered loss. We will set up a swift, simple, transparent and fair payment scheme".
Labour doesn't have anything to say on Equitable Life in its manifesto. However, the Chief Secretary to the Treasury, Liam Byrne, did make a commitment in Parliament last month that the government would respond to the final recommendations of Sir John Chadwick - the former High Court judge charged with devising a compensation scheme, albeit within a very tight government brief - within 14 days of them being published in the middle of May.
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