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United Kingdom · Question · Written question

UIN 12481

Equitable Life Assurance Society: Compensation

answeredUnited Kingdom· UK Parliament· EN

Introduced

4 November 2024

Last action

8 November 2024 · Answer

Status

Answered

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Discovery layer

Source updated

8 November 2024

Summary

To ask the Chancellor of the Exchequer, if she will make an assessment of the adequacy of the compensation provided to Equitable Life investors via the Equitable Life payment scheme.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 4 November 2024

    Written question

    To ask the Chancellor of the Exchequer, if she will make an assessment of the adequacy of the compensation provided to Equitable Life investors via the Equitable Life payment scheme.

    Source: Commons

  2. 8 November 2024

    Answer

    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 st...

    Source: Written answer

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