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United Kingdom · Question · Written question

UIN 101175

Equitable Life Assurance Society: Compensation

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

17 December 2025

Last action

6 January 2026 · Answer

Status

Answered

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Discovery layer

Source updated

6 January 2026

Summary

To ask the Chancellor of the Exchequer, what assessment she has made of the likelihood of the £100m contingency from within the £1.5bn allocated for compensating Equitable Life policyholders being needed to make payments to eligible With-Profits Annuitant

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Timeline

  1. 17 December 2025

    Written question

    To ask the Chancellor of the Exchequer, what assessment she has made of the likelihood of the £100m contingency from within the £1.5bn allocated for compensating Equitable Life policyholders being needed to make payments to eligible With-Profits Annuitant

    Source: Commons

  2. 6 January 2026

    Answer

    The Equitable Life Payment Scheme has been fully wound down and closed since 2016. The only remaining part of the Payment Scheme in operation is the annual payments made to eligible With-Profit-Annuitants and the Scheme is on track to distribute the remai...

    Source: Written answer

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