Written Question·Treasury·UIN 104997
Equitable Life Assurance Society: Compensation
Tabled: 12 January 2026
Answered: 19 January 2026
Question
Liz Jarvis
Liberal Democrat — Eastleigh
To ask the Chancellor of the Exchequer, whether she will consider establishing an Independent Commissioner to assess the claims of Equitable Life policyholders, the allocation of compensation, and the methodology used to distribute it.
Answer
Torsten BellThe Equitable Life Payment Scheme has been fully wound down and closed since 2016 under the approach put in place by the Liberal Democrat and Conservative coalition government. Further guidance on the status of the Payment Scheme after closure is availabl...
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