Equitable Life Assurance Society: Compensation

(asked on 19th April 2022) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether his Department has to provide further support to the victims of the Equitable Life scandal.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 26th April 2022

The Equitable Life Payment Scheme closed to claims in 2015. There are no plans to reopen 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.

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