{"id":65936,"date":"2017-09-09T13:00:00","date_gmt":"2017-09-09T06:00:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/dont-dig-deep-for-a-pre-paid-funeral-plan\/"},"modified":"2017-09-09T13:31:57","modified_gmt":"2017-09-09T06:31:57","slug":"dont-dig-deep-for-a-pre-paid-funeral-plan","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dont-dig-deep-for-a-pre-paid-funeral-plan\/","title":{"rendered":"Don't dig deep for a pre-paid funeral plan"},"content":{"rendered":"


\nAbout 1.3 million people in the UK have purchased a funeral plan, but experts warn they could become a national scandalTens of thousands of people are at risk of being left out of pocket because of a growing \u201cnational scandal\u201d involving pre-paid funeral plans, it was claimed this week. One consumer body that has investigated the sector said it believes some companies offering these plans could be operating a \u201cquasi-Ponzi scheme\u201d, where they allegedly use money from new customers to pay current claimants.About 1.3 million people in the UK have one of these plans, and it\u2019s a rapidly growing market, with more than 200,000 sold last year. They are typically bought by older people to cover the cost of their funeral so their family doesn\u2019t have to pick up the bill. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Don’t dig deep for a pre-paid funeral plan<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

About 1.3 million people in the UK have purchased a funeral plan, but experts warn...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-65936","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-h9u","jetpack-related-posts":[{"id":4684,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/you-dont-have-to-dig-deep-for-a-funeral-there-are-cheaper-alternatives\/","url_meta":{"origin":65936,"position":0},"title":"You don\u2019t have to dig deep for a funeral \u2013 there are cheaper alternatives","date":"October 12, 2015","format":false,"excerpt":"\r More people are forgoing a traditional send-off as the cost of dying keeps on rising. Here we look at ways you can limit your outlayDying is becoming an increasingly pricey business: the average cost of a funeral was this week put at \u00a33,700. But if you choose to do\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60182,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pre-paid-funeral-plans-failing-to-cover-the-cost-of-dying\/","url_meta":{"origin":65936,"position":1},"title":"Pre-paid funeral plans failing to cover the cost of dying","date":"July 8, 2017","format":false,"excerpt":"\r Sector is caught in a \u2018perfect storm\u2019 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124497,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-hit-record-high-but-cost-of-living-squeeze-will-slow-growth-considerably-business-live\/","url_meta":{"origin":65936,"position":2},"title":"UK house prices hit record high, but cost of living squeeze will slow growth \u2018considerably\u2019 \u2013 business live","date":"February 7, 2022","format":false,"excerpt":"\r Rolling coverage of the latest economic and financial newsHalifax: House prices hit record of \u00a3276,759 in JanuaryYounger generations face significant barriers to home ownershipExperts: House price juggernaut slowingSurging inflation will slow recovery in 2022, predicts EYTesco chairman warns of food price inflation at 5% by springUnions have urged the\u2026","rel":"","context":"In "Property 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property market remains resilient as asking prices rise 1.3% annually, Rightmove says","date":"April 14, 2025","format":false,"excerpt":"\r The higher average price is above a previous record set in May 2024, and is despite the end of a tax break\r \r Source : arabianbusiness.com\r Read more...UK property market remains resilient as asking prices rise 1.3% annually, Rightmove says","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/04\/Aerial-view-of-London-with-the-River-Thames-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":128645,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-drop-for-first-time-this-year-says-rightmove\/","url_meta":{"origin":65936,"position":5},"title":"UK house prices drop for first time this year, says Rightmove","date":"August 15, 2022","format":false,"excerpt":"\r Experts blame 1.3% average fall on summer distractions rather than economic factorsUK house prices have fallen for the first time this year but experts say summer distractions rather than deteriorating economic conditions are to blame.Figures released by Rightmove show that the average price of a UK property dropped to\u2026","rel":"","context":"In "Property 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