Equitable Life Assurance Society: Compensation
The question
To ask the Chancellor of the Exchequer, if she will consider the potential merits of reopening the Equitable Life Compensation Scheme.
Answered by Torsten Bell
The Equitable Life Payment Scheme has been fully wound down and closed since 2016 under the approach taken by the Conservative and Liberal Democrat Coalition Government. There are no plans to reopen any decisions relating to the Payment Scheme. Further guidance on the status of the Payment Scheme after closure is available at: https://www.gov.uk/guidance/equitable-life-payment-scheme#closure-of-the-scheme
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