Back To Insights

Prepaid funeral plans – getting ready for FCA regulation

Downloadable Documents

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.

Follow these links for more insights and get in touch:
Finance for positive sustainable change
Have you eaten the biggest frog? – Consumer Duty Implementation