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<p>The government is committed to strengthening regulation of the pre-paid funeral
plan sector. As part of the Budget, and following consultation, the Chancellor announced
the government’s intention to legislate to bring pre-paid funeral plan firms within
the remit of the Financial Conduct Authority (FCA). This will ensure that, for the
first time, all firms offering pre-paid funeral plans are subject to compulsory and
robust regulation.</p><p> </p><p>The government intends to lay the necessary legislation
very soon. Once this legislation is made, there will be an implementation period before
the new regulatory framework comes fully into force. This will allow time for funeral
plan providers and firms which sell plans to take the necessary steps to meet the
new regulatory requirements.</p>
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