Equitable Life Assurance Society: Compensation

Treasury written question – answered on 7th February 2019.

Alert me about debates like this

Photo of Andrea Jenkyns Andrea Jenkyns Conservative, Morley and Outwood

To ask the Chancellor of the Exchequer, whether he has plans to conduct a second review of the value of the Equitable Life contingency fund.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

There are no plans to review the funding allocation made to the Equitable Life Payment Scheme. Since 2010, we have taken more action than any previous government to resolve this issue by allocating up to £1.5bn, tax free, for payment to affected policyholders.

Does this answer the above question?

Yes0 people think so

No1 person thinks not

Would you like to ask a question like this yourself? Use our Freedom of Information site.