Written question asked by Stewart Malcolm McDonald (Scottish National Party) on Wednesday, 25 September 2019, in the House of Commons. It was due for an answer on Monday, 30 September 2019. It was answered by John Glen (Conservative) on Thursday, 3 October 2019 on behalf of the Treasury.
Funerals: Pre-payment
- Question
-
To ask the Chancellor of the Exchequer, when he plans to publish the results of the regulation of pre-paid funeral plans consultation.
- Answer
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HM Treasury launched a call for evidence on the regulation of pre-paid funeral plans in June 2018. The call for evidence confirmed that consumer detriment is present in the pre-paid funeral plan sector and that there is broad demand for the sector to come under compulsory regulation.
Consequently, the government intends to bring the pre-paid funeral plan market within the remit of the Financial Conduct Authority and has consulted on the proposed legislative framework to implement this proposal. The consultation closed on 25 August and the government is currently reviewing the responses. A response to the consultation will be published in due course.
Secondary information
- Type
- Written question
- Reference
- 290815
- Session
- 2017-19
- Subjects
- Funerals Regulation Pre-payment
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2019-10-03 19:45:06 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2017-19/290815
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