Property News · July 8, 2017

Pre-paid funeral plans failing to cover the cost of dying


Sector is caught in a ‘perfect storm’ of high pressure sales and fast growthMillions of over-50s are being pressured to take out pre-paid funeral plans without realising relatives could be left with additional costs, a report warns.Consumer group Fairer Finance says a perfect storm is brewing as an explosion of online and telesales organisations target elderly and more vulnerable people with a “sell at all costs” mentality. The report, commissioned by funeral provider Dignity, says there is significant evidence of mis-selling in the industry, and called for proper regulation of the sector. Continue reading…

Source : theguardian.com
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