Financial Conduct Authority Regulation
In these uncertain times, it’s crucial to consider the importance of securing a Funeral Plan from a company regulated and authorised by the Financial Conduct Authority (FCA). At Serene Funeral Planning, we’ve earned the stamp of approval from the FCA as an authorised provider of Funeral Plans. This isn’t just about checking boxes; it’s about adhering to strict regulatory standards that demonstrate our commitment to transparency, accountability, and protecting your interests.
When you choose Serene, you are not just ensuring peace of mind for yourself; you’re also safeguarding your financial well-being. With FCA regulation in place, today’s Funeral Plan buyers enjoy an unprecedented level of protection. From transparent disclosure of terms to diligent oversight of funds, the regulatory landscape ensures that your investment is shielded from any potential issues down the road.
Common Concern
However, let’s address a common concern: individuals purchasing Funeral Plans without informing their loved ones. It’s understandable – they may have the best intentions but forget to communicate their plans. Without this crucial conversation, loved ones could be left in the dark, potentially paying for a funeral again when the time comes. Open and honest discussions about your Funeral Plan are essential to ensure everyone is on the same page.
Nominated Representative
At Serene, transparency and communication are at the core of what we do. That’s why we recommend appointing a Nominated Representative when you take out a Funeral Plan with us. This trusted individual will receive a copy of your plan documents, ensuring someone else is aware of your arrangements. From your Funeral Plan Summary to details of the Nominated Funeral Directors and your personal wishes, we provide comprehensive documentation for you and your Nominated Representative to keep safe.
On the anniversary of your policy, we’ll touch base to ensure everything remains up-to-date. This gives you the chance to revise any personal preferences you may have included, such as music choices or readings. Whether you’re paying in instalments or upfront, we’ll keep you informed about your payments and any outstanding balances.
Transparency
This level of transparency not only offers clarity and peace of mind for you but also ensures your loved ones are informed and prepared. Serene Funeral Planning’s FCA authorisation number is FRN 975199. For more information on our Funeral Plans and how we can assist you, please browse our site, fill in an enquiry form, or feel free to call us on 0330 175 9957.
If you suspect you or a loved one might have taken out a Funeral Plan before the FCA’s authorisation in July 2023, you can easily check using the ‘Find My Plan‘ feature on the National Association of Funeral Plan Providers (NAFPP) website.
*Information correct at date of publishing.
