The Financial Conduct Authority (FCA) has taken over regulation of the pre-paid funeral plan sector and is advising consumers to buy only from providers or representatives it has authorised. Following legislation passed by the government, the FCA now regulates the pre-paid funeral plan market. This is intended to raise standards and provide better protection for […]
The SunLife Cost of Dying report has found that the average cost of a basic funeral has gone down for the first time in 18 years. The study notes that funeral costs were down 3.1% in 2021, with an average basic funeral costing £4,054, £128 less than in 2020. Costs vary across the UK regions, […]
A pre-paid funeral plan will cover some of the basic costs of a funeral when the time comes. If you want to make arrangements for your funeral costs, you can pay in advance so that your loved ones will have less to deal with in respect of organisation and payment. In deciding whether this is […]
When someone dies, the administration can seem overwhelming at what is a very difficult time. We take a look at each step to be taken. Following a death, dealing with all of the necessary paperwork is an onerous task. If a Will is left, it will appoint an executor who will be responsible for […]
Paying for a funeral after someone’s death can be difficult if money has not been set aside for this purpose. Funeral expenses can usually be paid for from the deceased person’s estate, but it may be necessary to wait until a Grant of Probate has been issued, which could take several months. Average funeral costs […]
Helping pay for funeral expenses Grieving the loss of a loved one is already one of the most stressful times in a person’s life without the additional burden of paying for their funeral expenses. Thankfully, funeral expenses can be paid for from the estate. However, this can only be claimed after the probate process has […]