Open consultation

Regulation of pre-paid funeral plans: consultation on a policy proposal

Summary

This consultation seeks views on the governments proposed regulatory framework for bringing funeral plans within the remit of the Financial Conduct Authority.

This consultation closes at

Consultation description

Following concerns about the risk of consumer detriment in the pre-paid funeral plan market, the government launched a call for evidence on the regulation of the sector in June 2018.

Responses to the call for evidence have confirmed that consumer detriment is present in the market and that there is a need for compulsory regulation of the sector.

In the light of the responses to the call for evidence, the government has maintained its position that bringing funeral plan providers within the remit of the FCA would be the most effective policy response for strengthening the regulation of the market.

This consultation document provides a summary of the responses to the call for evidence and seeks stakeholder views on proposed amendments to the legislative framework which will bring all funeral plan providers within the remit of the FCA.

Documents

Regulation of pre-paid funeral plans: consultation on a policy proposal

Funeral plans Statutory Instrument: Annex A

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Published 1 June 2019
Last updated 3 June 2019 + show all updates
  1. Funeral plans consultation document update due to amended consultation closing date.
  2. First published.