The benefits of the new FCA regulation

Written by Hannah Sanders - November 5, 2021 

From September, One Life Funeral Planning along with all prepaid funeral plan providers started to demonstrate to the Financial Conduct Authority (FCA) how they plan to meet the regulatory standards for our sector. These come into effect on 29 July 2022.

This means, that from the end of July next year, the FCA regulations will expect companies within the sector to ensure compliance with treating customers fairly outcomes.

At One Life, we’re welcoming the new regulations and we see this as positive news for our industry. We’re committed to being fully supportive of the FCA, and for being there for you, our customers.

What is the FCA?

The FCA is the public regulatory body that was set up in 2003 to ensure the UK’s finance markets and products are honest, fair, and effective so that consumers get a fair deal.

Under the supervision of HM Treasury and the Government, the FCA regulates the conduct and operations of nearly 60,000 businesses in the financial sector across the whole of the UK. Read more about the FCA

Want to know more about us?

At One Life we’re here to help you plan your later life.  We’re experienced, professional and one of the top low-cost funeral providers in the UK.

From the moment you pick up the phone we’ll listen to you and use our expertise to support you when it comes to planning your funeral. It’s easy to set up your plan with us. It only takes one call, and we’ll guide you through the process step-by-step.

Find out more about our prepaid funeral plans or give our friendly team a call on 0333 339 9399.

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