Written Question·Treasury·UIN 50777
Equitable Life Assurance Society: Compensation
Tabled: 7 May 2025
Answered: 13 May 2025
Question
Mr Lee Dillon
Liberal Democrat — Newbury
To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of providing full compensation to Equitable Life policyholders.
Answer
Emma ReynoldsThe 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 st...
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