Equitable Life Assurance Society: Compensation

Treasury written question – answered on 21st December 2020.

Alert me about debates like this

Photo of Lord McCrea of Magherafelt and Cookstown Lord McCrea of Magherafelt and Cookstown DUP

To ask Her Majesty's Government what plans they have to make further payments to individuals who lost their savings following the collapse of Equitable Life.

Photo of Lord Agnew of Oulton Lord Agnew of Oulton Minister of State (HM Treasury), Minister of State (Cabinet Office)

The Equitable Life Payment Scheme closed to claims in 2015. There are no plans to reopen the Payment Scheme or review the £1.5 billion funding allocation previously made to it.

Does this answer the above question?

Yes2 people think so

No3 people think not

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