Written questions

Equitable Life Assurance Society: Compensation

Commons · Question 2966 · Tabled 30 Aug 2024 · Treasury · Official record

Answered 4 Sep 2024

Question

Asked by Rosena Allin-Khan

To ask the Chancellor of the Exchequer, whether she plans to review the Equitable Life payment scheme.

Answer

Answered by Tulip Siddiq, 4 Sep 2024

The Equitable Life Payment Scheme has been fully wound down and closed since 2016, and there are no plans to reopen any decisions relating to the Payment Scheme or review the £1.5 billion funding allocation previously made to it. Further guidance on the s...