Prepaid funeral plans – getting ready for FCA regulation
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Prepaid funeral plans have been booming over the last two decades due to the average cost of funerals being more than £4,000 – a large cost for grieving families
already reeling from the death of a loved one. Legislation to regulate the provision and distribution of pre-paid funeral plans was introduced in January 2021, and regulation extending to providers and intermediaries will start on 29 July 2022. The new regime will represent a significant change for some providers – on an aggressive timetable that allows them very little time to adapt. Download our document to find out more.
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