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United Kingdom · Question · Written question

UIN 128564

Equitable Life Assurance Society: Compensation

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

20 April 2026

Last action

28 April 2026 · Answer

Status

Answered

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Discovery layer

Source updated

28 April 2026

Summary

To ask the Chancellor of the Exchequer, what is the value of payments made to With-Profits Annuitants under the Equitable Life Payments Scheme to date.

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Timeline

  1. 20 April 2026

    Written question

    To ask the Chancellor of the Exchequer, what is the value of payments made to With-Profits Annuitants under the Equitable Life Payments Scheme to date.

    Source: Commons

  2. 28 April 2026

    Answer

    The previous Government allocated £1.5 billion to the Equitable Life Payment Scheme. Of the £1.5 billion, £775 million was allocated to be paid as lump sums to with profits non-annuitants, and £625 million allocated to With-Profit-Annuitants (WPAs) to be ...

    Source: Written answer

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