Equitable Life Assurance Society: Compensation

(asked on 25th July 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps the Government has taken to support people affected by the Equitable Life scandal.


Answered by
John Glen Portrait
John Glen
Shadow Paymaster General
This question was answered on 3rd September 2019

In 2010 the government allocated up to £1.5bn, tax free, for payment to affected policyholders. More detail on the history of the action taken on this issue can be found at https://www.gov.uk/government/publications/equitable-life-payment-scheme-final-report

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