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Equitable Life Assurance Society: Compensation

Question for Treasury

UIN 223227, tabled on 19 February 2019

To ask the Chancellor of the Exchequer, whether he has plans to allocate additional funding to the Equitable Life payment victims.

Answered on

26 February 2019

There are no plans to review the funding allocation made to the Equitable Life Payment Scheme. Since 2010, we have taken more action than any previous government to resolve this issue by allocating up to £1.5bn, tax free, for payment to affected policyholders.

Answered by

Treasury