15097 - Equitable Life Assurance Society (Answered)

Mrs Anne Main
To ask Mr Chancellor of the Exchequer, what proportion of eligible policyholders in (a) St Albans, (b) Hertfordshire, (c) the east of England and (d) the UK have received funds from the Equitable Life Payment Scheme; what proportion of funds owed to those people has been so received; and what steps he is taking to ensure that people are tracked down and compensated before that scheme's closure.

Harriett Baldwin

The Equitable Life Payment Scheme does not hold a breakdown of payments made on a geographical basis. TheWritten Ministerial Statement of 3rd November sets out more detail on the Scheme’s progress and the efforts made to trace eligible policyholders. A copy can be found at https://www.gov.uk/government/publications/equitable-life-payment-scheme-november-2015-progress-report/equitable-life-payment-scheme-november-2015-progress-report