Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether her Department has considered appointing an Independent Commissioner to review unresolved concerns from former Equitable Life policyholders on the (a) methodology and (b) distribution of compensation under the Equitable Life Payment Scheme.

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 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