The FCA are ready to regulate the Pre-paid Funeral Plan Industry with the full application process open in July 2022.
They have suggested that there maybe interim permissions that need to be applied for later this year. The full scope of the regulation is set to be announced Aug/Sept 2021
The full regulation is now set for as early as July 2022. CPS Consultancy in conjunction with Eojo Consult are now offering a 3 Stage process leading up to the full FCA application process.
The three stages are
Review, Implementation and Adopt, Application Process
CPS Consultancy has over 8 years experience in forming and operating prepaid Funeral plan Trusts. The review covers a 128 point check of your business to fully stress test it under the forthcoming FCA application process.
After the review we can assess what needs to be changed or reformatted within your business to have the best possible chance of achieving regulation.