Equitable Life Assurance Society: Compensation
(asked on 8th January 2021) - View Source
Question to the HM Treasury:
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.
This question was answered on 14th 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 https://www.gov.uk/guidance/equitable-life-payment-scheme#closure-of-the-scheme. 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.