Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, if he will take steps to compensate Equitable Life policy holders who, to date, have not been eligible for compensation.

The Equitable Life Payment Scheme was set up in 2011 to make payments to all those affected by the government maladministration of Equitable Life identified by the Parliamentary and Health Services Ombudsman in her 2008 report.

After making payments of over £1.1 billion to more than 900,000 policyholders, the Scheme has now closed.

A final report on the Scheme’s achievements will be published shortly.