Soapbox: Prepayment plans and the wholesale funeral

David Bastock of C. Bastock Funeral Directors gives his opinion on what the FCA’s regulation of funeral plans may mean for the wholesale market

There is actually no such thing as a wholesale cost for a funeral, it’s just a term adopted by the  prepayment industry and foisted upon funeral directors. If a family visited your premises and said  “what’s your wholesale cost for your services because that’s all I’m prepared to pay”, you’d politely tell them you don’t have a wholesale cost.

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