Centre for Policy on Ageing



Financial regulation of funeral plan contracts — what you need to know
Author(s)	Norman Digance
Journal title	Elder Law and Finance, vol 1, no 4, November 2001
Pages	pp 112-113
Keywords	Funeral expenses ; Funeral services ; Law.
Annotation	From 1 January 2002, the Financial Services and Markets Act (Regulated Activities) Order 2001 (SI 2001 no 544) affects all funeral plans sold from that date. The broad purpose is to ensure that money paid by the consumer to a funeral plan provider for providing a funeral in the future is kept safely and is available at the time required and in accordance with the plan specification. This article outlines how the pre-paid funeral industry is responding, such as by setting up the Funeral Planning Authority (FPA), and the regulatory role of the Financial Services Authority (FSA). (RH).
Accession Number	CPA-020423203 A
Classmark	JBF: OX: VR
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...from the Ageinfo database published by Centre for Policy on Ageing.