The Financial Conduct Authority (FCA) has published a warning against two funeral providers, advising consumers not to buy a plan from the firms.
The regulator said people should avoid buying new plans from funeral plan providers that have not applied for authorisation or had their application withdrawn or refused. "We are repeating this guidance and strongly advise that you do not buy a plan from Empathy (Empathy Funeral Plans UK Limited) or Unique (Fox Milton & Co Limited, trading as Unique Funeral Plans)." Due to a change of law by the government funeral plans will be brought under the FCA's regulation from 29 July. Until then, the regulator does not have the legal powers to regulate the sector. "However, even ahead of th...
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