Graham Brady – 2014 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Graham Brady on 2014-04-02.

To ask Mr Chancellor of the Exchequer, what the total amount is in additional payments made by the Equitable Life payment scheme as a result of successful appeals to date; and what proportion that amount is of the total compensation awarded.

Sajid Javid

The value of additional payments made as a result of appeals is £17,023.61. This is 0.0019% of the total value paid by the Scheme to date.

Two annuitants have made successful appeals, and the total value of the payments made to them will depend on the duration on their annuity.