Written Question·Treasury·UIN 63724
Equitable Life Assurance Society: Compensation
Tabled: 30 June 2025
Answered: 3 July 2025
Question
Edward Morello
Liberal Democrat — West Dorset
To ask the Chancellor of the Exchequer, whether her Department has made a recent assessment of the adequacy of compensation provided to Equitable Life policyholders.
Answer
Torsten BellThe Equitable Life Payment Scheme was designed by the Coalition Government and closed in 2016. There are no plans to reopen decisions relating to the Payment Scheme. Further guidance on the status of the Payment Scheme after closure is available at: https...
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