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
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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.