funeral plans 2019
CODE OF PRACTICE from 1st January 2020. (Note – the FCA will take over the Regulation of Funeral Plans fairly soon) The Funeral Planning Authority (“the FPA”) is the independent body governing registered pre-paid funeral providers. It aims to ensure that: funeral plan providers that are registered with the FPA (“Plan Providers”) maintain high …
I am sure that the FPAs report is not designed to stiffle competition – to the detriment of consumers – but that is exactly what will happen if it is adopted as is – see Question 15 below. Formal Response to August 2018 Consultation on FPA Rules and Code of Practice April 2019 In August …
Funeral Planning Authorities Rule Review Findings 2019 Read More »
Dignity are fighting back to maintain their market share, and the first salvo was the dramatic price reduction until 30th April 2019. They have also formulated a 3 year plan to fend off the invaders (not quite their words!) Why not contact us to see if a Dignity Plan would be right for you? More on their plans here.
News from Parliament – regulation of funeral plans. The Financial Conduct Authority is to take on the overall regulation of funeral plans sometime in 2021. Of course, they already regulate parts of the market now, directly or indirectly. Client funds are quite well protected already. UPDATEI have to say that my concern is that the …
Regulation of Funeral Plans: Developments in 2019 Read More »
