Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if his Department will reopen the compensation scheme for Equitable Life victims.

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. There are no plans to allocate any further funds to the Equitable Life Payment Scheme, or reopen it.