Equitable Life Assurance Society: Compensation

(asked on 10th September 2014) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, under what circumstances he would review the amount of compensation made available to Equitable Life policyholders through the Equitable Life Payment Scheme.


Answered by
Andrea Leadsom Portrait
Andrea Leadsom
Parliamentary Under-Secretary (Department of Health and Social Care)
This question was answered on 23rd September 2014

The 2010 Spending Review allocated up to £1.5 billion to the Equitable Life Payment Scheme. The Government has no plans to review the level of funding available to the Payment Scheme.

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