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Equitable Life Assurance Society: Compensation

Question for Treasury

UIN 49244, tabled on 7 September 2022

To ask the Chancellor of the Exchequer, whether his Department has taken recent steps to help ensure that people affected by the Equitable Life scandal are compensated.

Answered on

15 September 2022

The Equitable Life Payment Scheme closed to claims in 2015. There are no plans to reopen the Payment Scheme or review the £1.5 billion funding allocation previously made to it. Further guidance on the status of the Payment Scheme after closure is available at

Answered by