Equitable Life Assurance Society: Compensation

HM Treasury written question – answered on 28th January 2016.

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Photo of John Pugh John Pugh Liberal Democrat Spokesperson (Education)

To ask Mr Chancellor of the Exchequer, whether the Government plans to increase the compensation available to Equitable Life pensioners.

Photo of Harriett Baldwin Harriett Baldwin The Economic Secretary to the Treasury

There are no plans to review the payments made by the Equitable Life Payment Scheme. The Scheme closed to new claims on 31st December 2015. However, the annual payments to With-Profits annuitants will continue unaffected for the duration of their annuity.

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