Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what plans he has to publish the results of his Department's consultation entitled, Regulation of pre-paid funeral plans: consultation on a policy proposal, that closed on 25 August 2019.

The government launched a call for evidence on the regulation of pre-paid funeral plans in June 2018 which found that the market is not operating as it should. The government found evidence of harm to consumers and found that there is broad support among funeral plan providers for the voluntary system of regulation to be replaced by a compulsory regulatory regime for the sector.

Under the previous government we committed to ensuring that customers of pre-paid funeral plans are properly protected and consulted on a new legislative framework to bring the pre-paid funeral plan market within the remit of the Financial Conduct Authority. The consultation closed on 25 August and a response to the consultation will be published in due course.