Co-op response to HM Treasury announcement on funeral plan regulation
02 June 2019
“Funeral plans are an increasingly popular way for people to manage their own funeral arrangements and importantly can help manage the cost for families. But not all funeral plans are the same and some sectors of the market have not been working well for consumers.
“As the UK's leading funeral provider we have been calling for some time for greater regulation in the market and for a future regulation model under the FCA.
“We welcome the move today by HM Treasury to seek to provide greater financial protection to the 200,000 consumers who invest in these plans annually, and look forwards to engaging fully with the consultation."