Skip to main content

Equitable Life Assurance Society: Compensation

Question for Treasury

UIN 2966, tabled on 30 August 2024

To ask the Chancellor of the Exchequer, whether she plans to review the Equitable Life payment scheme.

Answered on

4 September 2024

The Equitable Life Payment Scheme has been fully wound down and closed since 2016, and there are no plans to reopen any decisions relating to 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: https://www.gov.uk/guidance/equitable-life-payment-scheme#closure-of-the-scheme.

Answered by

Treasury
Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.