Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what plans the Government has to review the amount of compensation for losses paid to Equitable Life policy holders over the course of the current Parliament.
There are no plans to review the payments made by the Equitable Life Payment Scheme. The Scheme closed to new claims on 31st December 2015. However, the annual payments to With-Profits Annuitants will continue unaffected for the duration of their annuity.