Today in Parliament, Lucy Allan MP raised the issue of the collapse of funeral plan provider Safe Hands.
46,000 people now face the loss of their funeral pre-payment plan because money that should have been ringfenced in a trust have instead been distributed to Directors and Shareholders in loans and dividends, amounting to financial misconduct.
Lucy asked the Leader of the House to raise the issue with Treasury Ministers and ensure that the Financial Conduct Authority ensures that Safe Hands customers do not lose out on the money they paid to the company in good faith.
Lucy is keen to seek action against those responsible for the mismanagement of customer funds and will follow up with Ministers at the Treasury herself.
You can watch Lucy's question, and the Leader of the House's response, above.
