A question on #EquitableLifeAssuranceSociety #Compensation tabled by Mr Joshua Reynolds on 19-12-2024 has been answered by Tulip Siddiq.

Heading: Equitable Life Assurance Society: Compensation
Question ID: 1751587
UIN: 21417
House: Commons
Date tabled: 2024-12-19
Asking Member ID: 5343
Asking Member display name: Mr Joshua Reynolds
Asking Member handle:
Asking Member Twitter reference: Mr Joshua Reynolds
Member interest: false
Question text: To ask the Chancellor of the Exchequer, if she will make it her policy to pay additional compensation to people impacted by the collapse of Equitable Life.
Is named day: false
Date of holding answer:
Date answered: 2025-01-08
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4518
Answering Member display name: Tulip Siddiq
Answering Member handle: tulipsiddiq
Answering Member Twitter reference: @tulipsiddiq
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: The Equitable Life Payment Scheme has been fully wound down and closed since 2016 and there are no plans to reopen any decisions relating to the Payment Scheme or review the £1.5 billion funding allocation previously made to it. Further guidance on the st...
Original answer text:
Comparable answer text:
Answering body ID: 14
Answering body name: Treasury
Tweeted: true