Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the likelihood of the £100m contingency from within the £1.5bn allocated for compensating Equitable Life policyholders being needed to make payments to eligible With-Profits Annuitants.

Answered by Torsten Bell - Parliamentary Secretary (HM Treasury)

The Equitable Life Payment Scheme has been fully wound down and closed since 2016. The only remaining part of the Payment Scheme in operation is the annual payments made to eligible With-Profit-Annuitants and the Scheme is on track to distribute the remainder of the £1.5 billion as planned.

Question to the Department for Transport:

To ask the Secretary of State for Transport, with reference to the Motor Insurance Taskforce’s final report, published on 10 December 2025, what steps she is taking to assess and help tackle barriers facing low‑income and financially excluded consumers in the motor insurance market; and whether she plans to introduce targeted interventions for those groups.

Answered by Lilian Greenwood - Government Whip, Lord Commissioner of HM Treasury

The taskforce considered proposals related to subsidising motor insurance for households on low incomes but the consequences of direct market intervention are often hard to predict and could result in increased costs for others. The government has no plans to take these proposals forward at this time.

Instead, the taskforce has focused on driving down the cost of claims – rooting out inefficiencies, increasing safety, and reducing opportunities for fraud and theft – to stabilise and ultimately reduce the premiums that all motorists pay, including those on lower incomes.

Found: , Sharon Hodgson MP, Simon Lightwood MP, Yvette Cooper MP, Andrew Ranger MP, Ed Miliband MP, Harpreet Uppal

Found: ministers@dwp.gov.uk HM Treasury 1 Horse Guards Road London SW1A 2HQ Harpreet Uppal

Found: Page 7 of 12 © Crown copyright 2024, Met Office Harpreet Uppal MP, House of Commons - MC2025/