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United Kingdom · Question · Written question

UIN 201651

Funerals: Pre-payment

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

13 October 2023

Last action

18 October 2023 · Answer

Status

Answered

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Discovery layer

Source updated

18 October 2023

Summary

To ask the Chancellor of the Exchequer, whether his Department made an assessment of the potential impact of the requirement for funeral plan companies to be regulated by the FCA by 9 July 2022 on the number of those companies (a) entering and (b) likely

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Timeline

  1. 13 October 2023

    Written question

    To ask the Chancellor of the Exchequer, whether his Department made an assessment of the potential impact of the requirement for funeral plan companies to be regulated by the FCA by 9 July 2022 on the number of those companies (a) entering and (b) likely

    Source: Commons

  2. 18 October 2023

    Answer

    In January 2021, the government legislated to bring all pre-paid funeral plan providers and intermediaries within the regulatory remit of the Financial Conduct Authority (FCA) from 29 July 2022. This has ensured that 1.6 million funeral plan customers are...

    Source: Written answer

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