Financial Services Compensation Scheme

From today, all prepaid funeral plans in the UK will be policed by the financial regulator – meaning you'll be protected if you buy a plan from an authorised firm and it later goes bust. But if you're one of an estimated 50,000 people with a plan from an unauthorised provider, your money may be at risk. Here's what you need to know.

Victims of the London Capital & Finance (LCF) collapse could be in line for more compensation on the back of criticism from the complaints commissioner about the way the UK financial regulator treated customers of the now-defunct investment company.