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UK watchdog confirms cold-calling ban, other rules for funeral plan providers

Mon, 05th Jul 2021 10:25

July 5 (Reuters) - Britain's financial watchdog on Monday
confirmed rules funeral plan providers should follow from next
July, including a ban on cold calling, as it aims to raise
industry standards to ensure plans provide better value to
customers.

The Financial Conduct Authority said the providers must
start planning for the new regulatory regime or prepare to leave
the market in an orderly manner.
(Reporting by Yadarisa Shabong in Bengaluru, editing by Louise
Heavens)

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