Safe Hands Plans: Insolvency — Written Question

Question

Claire Hanna

Social Democratic & Labour Party — Belfast South and Mid Down

To ask the Chancellor of the Exchequer, with reference to the final report by the Complaints Commissioner entitled The FCA’s handling of Safe Hands Plans Limited, published on 11 March 2025, if she will make recommendations to the Financial Conduct Author

Answer

Emma Reynolds

I am sympathetic to all the Safe Hands customers who have lost money, following the collapse of the firm in 2022. Once concerns were raised about the funeral plan market, the Government legislated to bring all pre-paid funeral plan providers and intermedi...

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