This petition was submitted during the 2019-2024 parliament
Petition Create an emergency fund for victims of failed funeral plan companies.
The Government should create an emergency fund to aid victims of failed funeral plan companies as a result of the change in regulations being brought in. This would prevent funeral poverty for the victims, who have diligently saved and set aside their money to protect their families and the state.
More details
3 funeral plan companies have been asked to withdraw FCA registration, more companies are yet to apply for registration. Those companies who have applied are not guaranteed approval. One company has already gone into liquidation, leaving approximately 46,000 people at risk of funeral poverty. This is causing great distress to victims and their families. The move to change regulatory body, due to government legislation, is likely to impact more victims. Protect the victims from funeral poverty.
This petition is closed This petition ran for 6 months
Related activity
Funeral plan industry to be debated by MPs
On Thursday 26 May, MPs will take part in a Westminster Hall debate on the funeral plan industry. The debate will be led by Lucy Allan MP. The debate will start at 3pm and last for up to 90 minutes.
Watch the debate here on Thursday:
https://www.parliamentlive.tv/Event/Index/7c03d123-8e18-4733-8507-1156c46c5bcd
You'll be able to read a transcript of the debate a few hours after it happens: https://hansard.parliament.uk/commons/2022-05-26
What is a Westminster Hall debate?
Westminster Hall is the second chamber of the House of Commons. Westminster Hall debates give MPs an opportunity to raise local and national issues and receive a response from a government minister. Westminster Hall debates are general debates that do not end in a vote.
Find out more about Westminster Hall debates: https://www.parliament.uk/about/how/business/debates/westminster-hall-debates/
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