Compulsion for all providers and distributors to be regulated by FPA and minimum solvency among proposals
Ahead of the next Fairer Finance report expected next week, a white paper from Dignity entitled ‘Strengthening regulation in the funeral plan sector' has set out guidelines as to what stronger but proportional regulation in the funeral planning market should look like. Developed alongside regulators following Fairer Finance's July 2017 report, the paper brings attention to misleading advertising and aggressive telesales methods still infiltrating the market. According to research conducted on behalf of Dignity by Matter Communications in March, significant problems still remain despit...
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