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Treasury admits destroying 350,000 Equitable Life victims’ details

The Treasury has admitted it destroyed a disc containing the names and addresses of 350,000 Equitable Life victims. 

Permanent secretary to the Treasury Sir Nicholas Macpherson and senior officer responsible for the Equitable Life Payment Scheme Mike Williams admitted the mistake at a Public Accounts Committee inquiry yesterday.

Equitable Members’ Action Group member Paul Weir says: “The Treasury officials told the Public Accounts Committee they had shredded the disk we gave them because it was not encrypted and they were worried about the Data Protection Act.

“The Treasury seems to be more interested in closing the compensation scheme than tracing people who are entitled to receive compensation.”

Earlier this week, the Government said the Equitable Life compensation scheme could be delayed beyond its March 2014 deadline and run over its £1.5bn budget.

This followed recommendations from the National Audit Office to set out a more realistic timetable and be prepared for the scheme to run over budget by investing in improving service quality.




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There are 6 comments at the moment, we would love to hear your opinion too.

  1. william fortune 16th May 2013 at 9:11 am

    “The Treasury officials told the Public Accounts Committee they had shredded the disk we gave them because it was not encrypted and they were worried about the Data Protection Act.

    well that’s ok then, isn’t it?, naughty people now don’t let it happen again, more tea anyone? damn we have run out of digestives !

  2. Banks all across the country used to hold items kfsafe custody in safes under dual signature of two members of staff. Can’t the treasury even keep one disc safe without encryption?
    We have a fire proof safe and a separate log of documents which we check periodically. Is the site llest task beyond govt & quangos?

  3. You couldn’t make it up , could you ?
    Yes Minister ………….

  4. Derek Bradley ceo Panacea Adviser 16th May 2013 at 10:53 am

    I am simply speechless, do remember this one in future if you cannot find a file from 20 years ago and you have no long-stop protection. After all if it is good enough for the Treasury?????

  5. “Collective intellectual failure”

  6. Treasury comments.
    ‘Communcation understood,nothing trusted,sorry!’
    Is there a secret message they are trying to convey to us?

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