WebYou will be aware that the pre-paid funeral plan industry became regulated by the Financial Conduct Authority (“FCA”) on 29 July 2024. Since their appointment, the Joint Administrators have taken various steps to protect the interests of the Company’s plan holders, including exploring the possibility of a FCA authorised pre-paid funeral ... WebOn 29 July 2024, our funeral planning business, Co-op Funeral Plans Limited, became authorised and regulated by the FCA to sell, provide and manage funeral plans. By …
Funeral plan providers and intermediaries FCA
WebOn 29 July 2024, our funeral planning business, Co-op Funeral Plans Limited, became authorised and regulated by the FCA to sell, provide and manage funeral plans. By obtaining this authorisation, the FCA have confirmed to us that we have met all regulatory requirements. Our Firm Reference Number is 962119. You can check this on the … WebEvery Co-op funeral plan includes: The choice between burial and cremation. Family support and assistance provided by a funeral director. Care and preparation of the person who has died. The choice for loved ones to visit a private remembrance room. Transfer of the person who has died within a 50-mile radius, 24 hours a day. ry clip\u0027s
Important message for our funeral plan customers - Capital Life
WebFuneral plans are secure as long as the plan provider is authorised by the FCA. Authorised companies must demonstrate that they operate to the high standards required by the FCA’s rules and code of conduct and evidence that they continue to maintain this level on an ongoing basis. You can find a list of all FCA approved providers in funeral ... WebJul 29, 2024 · A manufacturer must maintain, operate and review a process for the approval of: (1) a funeral plan product; and. (2) any significant adaptation of an existing funeral … WebMar 25, 2024 · On 2 March 2024, the Financial Conduct Authority (FCA) launched a consultation CP21/4 on its proposals for regulation of the pre-paid funeral plan sector. This follows concerns raised about the conduct and financial soundness of some pre-paid funeral plan providers. Under the proposals, activities involving the provision and … ry cistern\\u0027s