Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he has plans to conduct a second review of the value of the Equitable Life contingency fund.

There are no plans to review the funding allocation made to the Equitable Life Payment Scheme. Since 2010, we have taken more action than any previous government to resolve this issue by allocating up to £1.5bn, tax free, for payment to affected policyholders.