Question follow-through · 14709

Equitable Life Assurance Society: Compensation

To ask the Chancellor of the Exchequer, how much in cash terms was originally forecast to be paid to Equitable Life With-Profits Annuitants up to and including 2050 under the Equitable Life Payments 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
30 Jun 2026
Target answer date
2 Jul 2026
Answer
7 Jul 2026 · 7 calendar days after tabling

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

Recorded timeline

  1. 30 Jun 2026

    Question tabled

    To ask the Chancellor of the Exchequer, how much in cash terms was originally forecast to be paid to Equitable Life With-Profits Annuitants up to and including 2050 under the Equitable Life Payments Scheme.

  2. 2 Jul 2026

    Target answer date

    Date supplied by the official written-questions record.

  3. 7 Jul 2026

    Answer published

    The Liberal Democrat Conservative coalition government chose to allocate £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 ...

Open official record

Official data retrieved 28 Sept 2026.

Later records

Possible follow-up questions

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Equitable Life Assurance Society: Compensation

16 Jul 2026 · To ask the Chancellor of the Exchequer, whether she will confirm that £836 million in cash terms was forecast to be spent on Equitable Life With-Profits Annuitants at the outset of the Equitable Life Payment Scheme; and that a discount rate of 4.4% was ap

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