PARLIAMENTARY WRITTEN QUESTION
Equitable Life Assurance Society: Compensation (13 February 2019)
Question Asked
To ask the Chancellor of the Exchequer, whether he plans to (a) reopen and (b) allocate additional funding to the Equitable Life payment scheme.
Asked by:
Wes Streeting (Labour)
Asked by:
Wes Streeting (Labour)
Answer
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. There are no plans to allocate any further funds to the Equitable Life Payment Scheme, or reopen it.
Answered by:
John Glen (Conservative)
20 February 2019
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