<p><span>From today, the FCA will regulate pre-paid funeral plans, following legislation passed by Parliament. The FCA is authorising 26 providers. Together these firms hold approximately 1.6 million plans, which make up 87% of the market.</span></p>
From today, the Financial Conduct Authority (FCA) will regulate pre-paid funeral plans. The FCA is authorising 26 providers. These firms hold approximately 1.6 million plans, 87% of the market. Regulation will bring higher standards and boost consumer protection.