Equitable Life Assurance Society: Compensation
Commons · Question 36390 · Tabled 7 Mar 2025 · Treasury · Official record
Answered 17 Mar 2025
Question
Asked by Dame Caroline Dinenage
To ask the Chancellor of the Exchequer, how much and what proportion of funding made available through the Equitable Life Payment Scheme was returned to her Department.
Answer
Answered by Emma Reynolds, 17 Mar 2025
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. The remainder of the £1.5...