Equitable Life Assurance Society: Compensation

(asked on 19th February 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he has plans to allocate additional funding to the Equitable Life payment victims.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 26th February 2019

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.

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