A question on #SafeHandsPlans #Insolvency tabled by Terry Jermy on 24-03-2025 has been answered by Emma Reynolds.

Heading: Safe Hands Plans: Insolvency
Question ID: 1787983
UIN: 40961
House: Commons
Date tabled: 2025-03-24
Asking Member ID: 5338
Asking Member display name: Terry Jermy
Asking Member handle: cllrterryjermy
Asking Member Twitter reference: @cllrterryjermy
Member interest: false
Question text: To ask the Chancellor of the Exchequer, what assessment she made of the potential implications for her policies of the report by the Financial Regulators Complaints Commissioner on the Financial Conduct Authority's handling of Safe Hands Plans Limited, pu
Is named day: false
Date of holding answer:
Date answered: 2025-04-01
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4077
Answering Member display name: Emma Reynolds
Answering Member handle: emmaforwycombe
Answering Member Twitter reference: @emmaforwycombe
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: 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, in 2021 the Government legislated to bring all pre-paid funeral plan providers and i...
Original answer text:
Comparable answer text:
Answering body ID: 14
Answering body name: Treasury
Tweeted: true