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The rules set out earlier this year introduced higher standards in the market and required firms to make sure plans are sold fairly.
The Financial Conduct Authority (FCA) has updated its proposals to better protect consumers within the funeral plan market to provide continuity for customers should a provider fail.
The new rules are in addition to measures already introduced in July this year to enhance consumer protection from 29 July 2022, according to the FCA. "Our new rules will provide continuity for customers...
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