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Equitable Life Assurance Society: Compensation

Question for Treasury

UIN 134620, tabled on 8 January 2021

To ask the Chancellor of the Exchequer, what plans he has to reassess the calculation of the compensation payments made to people affected by the Equitable Life scheme.

Answered on

14 January 2021

The Equitable Life Payment Scheme has been wound down and further guidance on the status of the Payment Scheme after closure is available at There are no plans to reopen any previous decisions relating to the Payment Scheme or review the £1.5 billion funding allocation previously made to it.

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