Catalogue description Independent Commission on Equitable Life Payments Website

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Details of T 426
Reference: T 426
Title: Independent Commission on Equitable Life Payments Website
Description:

This series contains dated gathered versions (or 'snapshots') of the Independent Commission on Equitable Life Payments website. [Please note: These records may be accessed via the UK Government Web Archive].

Date: From 2011
Arrangement:

Please see information at Divisional level.

Related material:

See also T 423

For the Equitable Life Payment Scheme Website, please see: CAB 296

Held by: The National Archives, Kew
Legal status: Public Record(s)
Language: English
Creator:

Independent Commission on Equitable Life Payments, 2010-2011

Treasury, 1667-

Physical description: archived website(s)
Access conditions: Open
Immediate source of acquisition:

Gathered from original website.

Accruals: Future website versions may be anticipated.
Administrative / biographical background:

The Financial Secretary to the Treasury made an announcement on 26 May 2010 that an independent commission would be set up to advise on the Equitable Life Payments Scheme. On 22 July 2010 the Financial Secretary announced the appointment of three Commissioners, with Brian Pomeroy as chairman.

The role of the Commission was to:

  • recommend how best to fairly allocate funds provided for the Equitable Life Payments Scheme in the first three years of the Spending Review to those persons found to have suffered Relative Losses as a result of accepted Government maladministration, excepting with-profits annuitants and their estates; and
  • advise on any groups/classes of persons that should be paid as a priority with regard to the timing of payments, again excepting with-profits annuitants and their estates.

The Commission was asked to report to the Government by the end of January 2011. Its Advice was published on 26 January 2011.

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