News Publication date November 01, 2019
Following our news article on 6 August 2019, we can confirm that the Equitable Life Policyholders' Meeting and Extraordinary General Meeting took place on 1 November 2019, and that the proposals on the Scheme and the Change to the Articles were both passed by an overwhelming majority.
The next step is the High Court hearing starting on 22 November 2019, where Equitable Life will ask for formal approval to implement the changes. Assuming High Court approval, the Proposal will take effect on 1 January 2020.
“We are looking forward to all Equitable policyholders joining us so we can secure your future together.”
Stephen Shone, Chief Executive of Utmost Life and Pensions