Fca Funeral Plans. Jul 5, 2021 · The FCA has confirmed the rules funeral plan

Jul 5, 2021 · The FCA has confirmed the rules funeral plan providers will have to follow when they come under regulation from 29 July 2022. Jun 1, 2019 · This consultation seeks views on the governments proposed regulatory framework for bringing funeral plans within the remit of the Financial Conduct Authority. Find out how we can help if you have a complaint about pre-paid funeral plans. The funeral plans industry is undergoing a significant regulatory change with the Financial Conduct Authority (FCA) set to take over on 29 July 2022. This arrangement has led to inadequate supervision of the sector and a number of adverse outcomes for consumers. Some 46,000 people had paid into a fund towards future funeral Nov 10, 2021 · Providers of funeral plans & associated services will be regulated by the FCA from July 2022. Frequently Asked Questions Regulation of the Funeral Plan Sector The Financial Conduct Authority (FCA) began regulating the pre-paid funeral plans sector on 29th July 2022, which means that funeral plan providers in the UK must be granted authorisation in order to sell and administer funeral plans. Often couched in terse language, the letter Jul 5, 2021 · The FCA will start regulating the funeral plans sector from 29 July 2022, the date the new rules come into force. 1. Jul 29, 2022 · Information about the regulation of the funeral planning market and what it means for our plans.

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