A number of constituents have asked me to take up cases concerning EL compensation. I am well aware that some are not happy with the level of pay outs offered by the government.
The Minister has recently brought us up to date with progress. 896,367 policyholders have now received an aggregate amount of compensation in excess of £1 billion. There may be as many as 142,000 remaining policyholders entitled to some compensation but they have not yet made their whereabouts known to the Scheme administrators, or the payments office has not been able to validate their claim.
Anyone who thinks they are entitled to compensation who has not received their cash should contact the scheme on 033 0200 150.