Question follow-through · 67794

Equitable Life Assurance Society: Compensation

To ask the Chancellor of the Exchequer, how much is the average payment to those eligible With-Profit-Annuitants within the Equitable Life Payment Scheme.

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
14 Jul 2025
Target answer date
16 Jul 2025
Answer
18 Jul 2025 · 4 calendar days after tabling

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

Recorded timeline

  1. 14 Jul 2025

    Question tabled

    To ask the Chancellor of the Exchequer, how much is the average payment to those eligible With-Profit-Annuitants within the Equitable Life Payment Scheme.

  2. 16 Jul 2025

    Target answer date

    Date supplied by the official written-questions record.

  3. 18 Jul 2025

    Answer published

    The Government allocated £1.5 billion to the Equitable Life Payment Scheme. Before it ceased operations in 2016, the Scheme had issued £1.12 billion in tax-free payments to nearly 933,000 policyholders. The remainder of the £1.5 billion has been set aside...

Open official record

Official data retrieved 28 Sept 2026.

Later records

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