Written Question·Treasury·UIN 36390

Equitable Life Assurance Society: Compensation

Tabled: 7 March 2025
Answered: 17 March 2025

Question

Dame Caroline Dinenage

ConservativeGosport

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

Emma Reynolds
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...

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