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Safe Hands Plans: Insolvency

Question for Treasury

UIN 20583, tabled on 26 March 2024

To ask the Chancellor of the Exchequer, with reference to his oral contribution in response to the question from the hon. Member for Blaenau Gwent of 19 March 2024, Official Report, column 794, if he will commit to an Independent Review of the funeral firm Safe Hands Ltd.

Answered on

15 April 2024

The Treasury and FCA have worked closely throughout the process of bringing the pre-paid funeral plan sector into regulation, as well as during the implementation of the new regulatory framework.

On 11 October 2023 the Serious Fraud Office (SFO) announced that it was conducting a criminal investigation into Safe Hands Plans Limited. As I am sure you will understand, I am unable to comment on this ongoing investigation.

Answered by

Treasury
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