Question follow-through · 106200
Equitable Life Assurance Society: Compensation
To ask the Chancellor of the Exchequer, how much of the £625 million allocated for compensating Equitable Life with-profits annuity holders has been spent up to and including 2024-25; and how much was originally forecast to be spent on a (a) cash and (b)
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
- 15 Jan 2026
- Target answer date
- 19 Jan 2026
- Answer
- 22 Jan 2026 · 7 calendar days after tabling
Elapsed calendar days describe the record timeline, not whether Parliament considers an answer on time.
Recorded timeline
15 Jan 2026
Question tabled
To ask the Chancellor of the Exchequer, how much of the £625 million allocated for compensating Equitable Life with-profits annuity holders has been spent up to and including 2024-25; and how much was originally forecast to be spent on a (a) cash and (b)
19 Jan 2026
Target answer date
Date supplied by the official written-questions record.
22 Jan 2026
Answer published
The Conservative and Liberal Democrat Coalition 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 rema...
Official data retrieved 28 Sept 2026.
Later records
Possible follow-up questions
Strong links require the same MP, department and exact heading. Other same-department questions are shown as unreviewed candidates, not as confirmed follow-ups. No debate link is asserted unless a stable source relationship exists.
Taxation
4 Mar 2026 · To ask the Chancellor of the Exchequer, what estimate she has made of taxation levels in each of the next five years.