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Friendly Societies: Reviews

Question for Treasury

UIN 187133, tabled on 26 April 2021

To ask the Chancellor of the Exchequer, if he will launch a review of the adequacy of legislation on friendly societies; and if he will make a statement.

Answered on

28 April 2021

The Government has noted the recommendations of the recent APPG for Mutuals report into the demutualisation of LV=Life and Pensions and will work with the regulators to ensure the market continues to function effectively. The Government currently has no plans to launch a review into the adequacy of legislation for friendly societies but will continue to monitor the situation.

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