Equitable Life Assurance Society: Compensation

(asked on 3rd June 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, if he will take steps to increase compensation to Equitable Life pensioners beyond the level previously agreed.


Answered by
Harriett Baldwin Portrait
Harriett Baldwin
This question was answered on 11th June 2015

The Government has no plans to change the funding available to the Equitable Life Payment Scheme.

To date the Scheme has paid out over £1 billion to around 900,000 policyholders.

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