Reference Case Number: FOI11740
Freedom of Information: Right to know request:
Please can you also provide funeral plan redemption figures, quarterly, for the period 2022-24, where available.
FCA response:
We are unable to confirm from the returns whether firms are including legacy plans in its total sales figures.
The table below sets out the number of funeral plan redemption figures, broken down by quarter, for the period 2022, Q3 (1 April 2022) to the latest data available, Q3 2024 (30 September 2024):
| Period Quarter | Total sum of redemptions |
|---|---|
| 2022 Q3 | 14,687 |
| 2022 Q4 | 28,184 |
| 2023 Q1 | 33,214 |
| 2023 Q2 | 27,286 |
| 2023 Q3 | 25,396 |
| 2023 Q4 | 27,140 |
| 2024 Q1 | 30,206 |
| 2024 Q2 | 29,430 |
| 2024 Q3 | 13,064 |
Funeral plans became regulated in July 2022. Therefore, the FCA does not hold data prior to that period.