Equitable Life Assurance Society: Compensation

(asked on 30th August 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she plans to review the Equitable Life payment scheme.


Answered by
Tulip Siddiq Portrait
Tulip Siddiq
Economic Secretary (HM Treasury)
This question was answered on 4th September 2024

The Equitable Life Payment Scheme has been fully wound down and closed since 2016, and there are no plans to reopen any decisions relating to the Payment Scheme or review the £1.5 billion funding allocation previously made to it. Further guidance on the status of the Payment Scheme after closure is available at: https://www.gov.uk/guidance/equitable-life-payment-scheme#closure-of-the-scheme.

Reticulating Splines