Written Statement·Commons·HM Treasury·HCWS96
Closure of the Equitable Life Payment Scheme
13 July 2015
Dame Harriett Baldwin
The Economic Secretary to the Treasury
Conservative
Statement
The Equitable Life Payment Scheme has issued payments of over £1.06bn to 902,000 policyholders as of 31 May 2015. With final tracing efforts now concluding, the Scheme is reaching the limit of how many policyholders it will be able to trace and pay. As an...