FCA lists 14 funeral plan providers that will not be authorized

Effective from 29 July

clock • 2 min read
FCA lists 14 funeral plan providers that will not be authorized

The Financial Conduct Authority (FCA) has published a list of 14 funeral plan providers it will not authorise when the pre-paid funeral plans industry comes under its regulation from 29 July.

Only FCA-authorized funeral plan providers, or their appointed representatives will be allowed to sell new funeral plans, said the regulator. It warned consumers not to buy new plans from these 14 firms. "If you already have a plan with one of these firms, you should get in touch with them to find out what is happening to your plan. Your options might include receiving a refund, or your plan may be transferred to another provider," said the FCA.  The FCA added that certain firms which a...

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