questionText: To ask the Chancellor of the Exchequer, pursuant to the Answer of 8 January 2025 to Question 21417 on Equitable Life Assurance Society: Compensation, whether she has made an assessment of the potential merits of providing full financial redress in cases where the state has accepted responsibility for personal (a) injustice and (b) financial loss.
answerText: In 2010 the government allocated up to £1.5 billon, tax free, for payment to affected policyholders and this decision was in line with the Ombudsman’s report. More detail on the history of the action taken on this issue can be found at: https://www.gov.uk...
heading: Equitable Life Assurance Society: Compensation