Seven funeral plan providers remain unregistered with FPA

An unregulated funeral plan market is leaving consumers at risk and it may be too late to protect those who have already bought prepaid funeral plans, Fairer Finance has warned. According to its second report into the funeral plan sector, entitled ‘Towards regulation of the prepaid funeral planning industry', the FCA are failing to take enough action to clean up a market which currently contains seven providers unregistered with the Funeral Planning Authority (FPA) - this accounts for up to 40,000 unregulated plan sales a year. These companies include… Beyond (plans backed by Ope...