What is the Independent Funeral Standards Organisation and why is it being created?
The National Association of Funeral Directors is recruiting for an independent chair to oversee the Board of the new Independent Funeral Standards Organisation (IFSO), which will take over all of the Association’s standards, inspections and complaints function – creating the first independent standards body for the funeral sector. Background Throughout the CMA market investigation, the NAFD has…
FCA launches consultation on rules for regulation of funeral plan sales
The Financial Conduct Authority has today (2 March 2021) published a Consultation paper which sets its draft rules and approach to regulation of funeral plan providers. Funeral directors are strongly urged to read the Consultation Paper and consider what FCA regulation will mean for them. In particular, the NAFD is looking to ensure that funeral plan…