Edward Argar – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Edward Argar on 2015-10-19.

To ask Mr Chancellor of the Exchequer, what plans the Government has to review the amount of compensation for losses paid to Equitable Life policy holders over the course of this Parliament.

Harriett Baldwin

The Chancellor announced in the Summer Budget 2015 that, as part of the Scheme closedown, the Government will double the payments to non With-Profits Annuity policyholders in receipt of Pension Credit. The Government has no further plans to review the payments made by the Equitable Life Payment Scheme.