The APPG for Funerals and Bereavement is concerned that Safe Hands has gone into administration.
The APPG believes nobody should be left without a funeral and is imploring firms to ensure affected people are given a dignified and special send-off.
The vast majority of prepaid funeral plans are run by businesses with properly funded trusts.
In order to continue providing prepaid funerals plans, current legislation requires companies to achieve FCA authorisation by 29 July 2022. The process requires many thousands of businesses to be authorised (either directly or via their provider), and many tens of thousands of staff to be trained, at a time when the sector is still having to work hard to try and deal with the issues from the pandemic.
The sector has been working closely with the Government to ensure customers are protected as we work towards regulation. Chairman of the APPG for Funerals and Bereavement, Sir John Hayes MP said “we are working closely with the Treasury to ensure people are protected and that none of our constituents are left without a funeral”.
“As Chair of the APPG for Funerals and Bereavement, I have had the privilege to hear first-hand from those working in the sector, and their commitment to regulation should not be overshadowed by the very small number of rogue operators”.
“The APPG will continue to work with Government to ensure consumers are not left out of pocket should their provider fail to achieve FCA authorisation”.