Pre-payment

Treasury written question – answered on 16th October 2018.

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Photo of Baroness Goudie Baroness Goudie Labour

To ask Her Majesty's Government whether they will conduct a review of providers of pre-payment plans, and of the sales practices of such providers, with a view to appropriate regulation of this sector.

Photo of Lord Bates Lord Bates The Minister of State, Department for International Development

I have interpreted this question as relating to the pre-paid funeral plan market. The government launched a call for evidence into the regulation of the pre-paid funeral plan market in June 2018, having concluded that the current framework of self-regulation is not sufficient to ensure the fair treatment of consumers. We are currently reviewing the submissions and a response will be published in due course.

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