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I beg to move,
That this House has considered the funeral plan industry.
It is a great pleasure to serve under your chairmanship for the first time, Mrs Cummins. I am grateful to the Chairman of Ways and Means, for her wisdom in selecting this afternoon’s debate; amid the noise and chaos...
I beg to move,
That this House has considered the funeral plan industry.
It is a great pleasure to serve under your chairmanship for the first time, Mrs Cummins. I am grateful to the Chairman of Ways and Means, for her wisdom in selecting this afternoon’s debate; amid the noise and chaos...
The right hon. Gentleman is absolutely correct, and I will come on to some of those high-pressure sales techniques, which I very much hope the new regulatory regime will remove.
The Funeral Planning Authority held itself out as providing some form of oversight, giving itself a veneer of respectability as a...
The right hon. Gentleman is absolutely correct, and I will come on to some of those high-pressure sales techniques, which I very much hope the new regulatory regime will remove.
The Funeral Planning Authority held itself out as providing some form of oversight, giving itself a veneer of respectability as a...
The right hon. Gentleman is absolutely right. The lack of transparency is a significant feature of where this industry has gone astray.
Protecting funeral plan holders from some of their loss, which is what is suggested, is not good enough, and nor should the industry expect taxpayers to bail it out....
The right hon. Gentleman is absolutely right. The lack of transparency is a significant feature of where this industry has gone astray.
Protecting funeral plan holders from some of their loss, which is what is suggested, is not good enough, and nor should the industry expect taxpayers to bail it out....
The Minister is making very important points, so I am grateful to him for giving way. He is talking about the Safe Hands plan holders and arrangements for them. A question that has come up today is what provision will be made for the plan holders who will be within...
The Minister is making very important points, so I am grateful to him for giving way. He is talking about the Safe Hands plan holders and arrangements for them. A question that has come up today is what provision will be made for the plan holders who will be within...
I am very grateful to all Members who have attended today’s debate. I know we are competing with the platinum jubilee address to Her Majesty; in fact, the Member who has just sat down in the main Chamber, the hon. Member for Rutherglen and Hamilton West (Margaret Ferrier), is the...
I am very grateful to all Members who have attended today’s debate. I know we are competing with the platinum jubilee address to Her Majesty; in fact, the Member who has just sat down in the main Chamber, the hon. Member for Rutherglen and Hamilton West (Margaret Ferrier), is the...
I thank the Minister for that point. The FCA always talks about things being within or without its perimeter, and I sometimes wonder how a savings product targeted at the most vulnerable could ever have been without its perimeter. I agree that it was the Government—and, in fact, the Minister—who...
I thank the Minister for that point. The FCA always talks about things being within or without its perimeter, and I sometimes wonder how a savings product targeted at the most vulnerable could ever have been without its perimeter. I agree that it was the Government—and, in fact, the Minister—who...
Motion that this House has considered the funeral plan industry. Agreed to on question.
Motion that this House has considered the funeral plan industry. Agreed to on question.
The collapse of funeral plan provider Safe Hands has left 46,000 people facing the loss of their funeral prepayment plan. Moneys that should have been safely ring-fenced in a trust have been distributed to directors and shareholders in the form of loans and dividends. That amounts to financial misconduct. Can...
The collapse of funeral plan provider Safe Hands has left 46,000 people facing the loss of their funeral prepayment plan. Moneys that should have been safely ring-fenced in a trust have been distributed to directors and shareholders in the form of loans and dividends. That amounts to financial misconduct. Can...
I thank the Prime Minister for his statement and for his steadfast service to our country during this very difficult time. He understands the long-term harm that a second lockdown would cause to people across the country—to their health, their lives and their livelihoods—as they try their best to get...
I thank the Prime Minister for his statement and for his steadfast service to our country during this very difficult time. He understands the long-term harm that a second lockdown would cause to people across the country—to their health, their lives and their livelihoods—as they try their best to get...