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Written question asked by Laura Smith (Labour) on Friday, 4 October 2019, in the House of Commons. It was due for an answer on Tuesday, 8 October 2019. It was answered by John Glen (Conservative) on Tuesday, 8 October 2019 on behalf of the Treasury.


Equitable Life Assurance Society: Compensation

Question

To ask the Chancellor of the Exchequer, if he will issue guidance on the recourse available to people in Crewe and Nantwich constituency who have either not been paid out for Equitable Life or who have received insufficient compensation.

Answer

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


Secondary information

Type
Written question
Reference
294744
Session
2017-19
Subjects
Compensation Equitable Life Assurance Society Crewe and Nantwich
Link
View this Written question on www.parliament.uk