Funerals: Pre-payment

(asked on 11th September 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what assessment he has made of the merits of introducing statutory regulation of pre-paid funeral plans.


Answered by
Steve Barclay Portrait
Steve Barclay
Secretary of State for Environment, Food and Rural Affairs
This question was answered on 14th September 2017

The provision of a pre-paid funeral plan is defined as a regulated activity and falls within the Financial Conduct Authority’s regulatory remit unless specific exemption criteria are met. This arrangement and these exemption criteria are set out in the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001.

HM Treasury sets the legislative framework for the regulation of financial services, including the provision of pre-paid funeral plans, and continues to keep such exemptions under review.

Reticulating Splines