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1140852
registered interest false more like this
date less than 2019-07-22more like thismore than 2019-07-22
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Funerals: Pre-payment more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what plans he has to bring pre-payment funeral plans under the regulation of the Financial Conduct Authority in line with other financial products. more like this
tabling member constituency Cardiff West more like this
tabling member printed
Kevin Brennan more like this
uin 280142 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-07-25more like thismore than 2019-07-25
answer text <p>HM Treasury launched a call for evidence on the regulation of pre-paid funeral plans in June 2018. The call for evidence has confirmed that consumer detriment is present in the pre-paid funeral plan sector and that there is broad demand for the sector to come under compulsory regulation.</p><p> </p><p>Consequently, the government intends to bring the pre-paid funeral plan market within the remit of the Financial Conduct Authority and is currently consulting on the proposed legislative framework to implement this proposal. This will allow the FCA to establish a robust regulatory regime which will apply to all funeral plan providers, and improve protection for consumers.</p> more like this
answering member constituency Richmond (Yorks) more like this
answering member printed Rishi Sunak more like this
question first answered
less than 2019-07-25T15:37:02.917Zmore like thismore than 2019-07-25T15:37:02.917Z
answering member
4483
label Biography information for Rishi Sunak more like this
tabling member
1400
label Biography information for Kevin Brennan more like this