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Funerals: Pre-payment

Treasury written question – answered on 12th February 2019.

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Photo of Carolyn Harris Carolyn Harris Shadow Minister (Equalities Office) (Women and Equalities)

To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential merits of implementing transition arrangements in the event that the Financial Conduct Authority becomes responsible for the pre-paid funeral plan market.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

HM Treasury has analysed the submissions to the call for evidence on pre-paid funeral plans and is currently reviewing the available policy options.

This includes considering transitional arrangements to any new regulatory framework. The response to the call for evidence will be published in due course.

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