Closed consultation

Pre-paid funeral plans

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Summary

Seeking evidence on the current funeral plan market, potential customer detriment in the sector and ways to improve how this sector is regulated.

This consultation ran from
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Consultation description

Before you participate, please read the privacy notice below.

The government believes the current self-regulatory framework for the funeral plan sector is not sufficient to ensure the fair treatment of consumers and believes a more robust regime is required. The call for evidence will help the government design a new framework which is fit for purpose.

The government is particularly seeking views on:

  • how the pre-paid funeral plan market currently operates, particularly with respect to the types of business models in the sector both with respect to provision and distribution
  • the potential risk of consumer detriment under the current regulatory framework, and if present, where this risk is most acute
  • HM Treasury’s initial policy proposal to amend current legislation to allow for additional regulation of the sector by the FCA

Documents

Published 1 June 2018
Last updated 4 July 2018 + show all updates
  1. Privacy notice published

  2. First published.