Question follow-through · 50777

Equitable Life Assurance Society: Compensation

To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of providing full compensation to Equitable Life policyholders.

answeredTreasury

About this written question

A written question asks a government minister for information in writing. Parliament publishes the question and any answer.

Answering body
Treasury
Tabled
7 May 2025
Target answer date
12 May 2025
Answer
13 May 2025 · 6 calendar days after tabling

Elapsed calendar days describe the record timeline, not whether Parliament considers an answer on time.

Recorded timeline

  1. 7 May 2025

    Question tabled

    To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of providing full compensation to Equitable Life policyholders.

  2. 12 May 2025

    Target answer date

    Date supplied by the official written-questions record.

  3. 13 May 2025

    Answer published

    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...

Open official record

Official data retrieved 28 Sept 2026.

Later records

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