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1194965

registered interest
date	12/05/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Equitable Life Assurance Society: Compensation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent steps he has taken to ensure that victims of the Equitable Life scandal receive full compensation.
tabling member constituency	East Antrim
tabling member printed	Sammy Wilson
uin	46023
answer	answer is ministerial correction date of answer 22/05/2020 answer text <p>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.</p><p> </p><p>The methodology for calculating payments to Equitable Life policyholders was published in 2011 and can be found at https://www.gov.uk/government/publications/equitable-life-payment-scheme-design.</p><p> </p><p>The relevant data will be retained as long as it is legal to do so.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 46024 46025 question first answered 22/05/2020 08:10:43 answering member 4051 label Biography information for John Glen
tabling member	1593 label Biography information for Sammy Wilson

1194968

registered interest
date	12/05/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Equitable Life Assurance Society: Compensation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the accuracy of compensation payments to people affected by the collapse of Equitable Life.
tabling member constituency	East Antrim
tabling member printed	Sammy Wilson
uin	46024
answer	answer is ministerial correction date of answer 22/05/2020 answer text <p>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.</p><p> </p><p>The methodology for calculating payments to Equitable Life policyholders was published in 2011 and can be found at https://www.gov.uk/government/publications/equitable-life-payment-scheme-design.</p><p> </p><p>The relevant data will be retained as long as it is legal to do so.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 46023 46025 question first answered 22/05/2020 08:10:43 answering member 4051 label Biography information for John Glen
tabling member	1593 label Biography information for Sammy Wilson

1194970

registered interest
date	12/05/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Equitable Life Assurance Society: Compensation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will ensure that the data needed to make further payments to Equitable Life policyholders is retained.
tabling member constituency	East Antrim
tabling member printed	Sammy Wilson
uin	46025
answer	answer is ministerial correction date of answer 22/05/2020 answer text <p>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.</p><p> </p><p>The methodology for calculating payments to Equitable Life policyholders was published in 2011 and can be found at https://www.gov.uk/government/publications/equitable-life-payment-scheme-design.</p><p> </p><p>The relevant data will be retained as long as it is legal to do so.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 46023 46024 question first answered 22/05/2020 08:10:43 answering member 4051 label Biography information for John Glen
tabling member	1593 label Biography information for Sammy Wilson

1194213

registered interest
date	11/05/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Equitable Life Assurance Society: Compensation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the adequacy of the level of compensation provided to Equitable Life policyholders by the Equitable Life Payment Scheme; and if he will make a statement.
tabling member constituency	Newport East
tabling member printed	Jessica Morden
uin	45065
answer	answer is ministerial correction date of answer 18/05/2020 answer text <p>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.</p> answering member constituency Salisbury answering member printed John Glen question first answered 18/05/2020 07:44:46 answering member 4051 label Biography information for John Glen
tabling member	1548 label Biography information for Jessica Morden