It has been reported that Iberian Funeral Plans may have stopped trading, creating uncertainty for customers regarding the security of their pre-paid funeral plans, and serving as a reminder of the potential risks associated with buying plans from unregulated providers. If you have been impacted by this development, or if you have any concerns about your existing funeral plan, or any questions about purchasing a funeral plan, please contact us:

Freephone 8000 98 309

info@goldenleavesinternational.com

Golden Leaves provides reassurance to customers of non-regulated funeral plan businesses

In Spain, Portugal and Cyprus only Golden Leaves and Avalon are fully authorised and regulated in the UK, ensuring that your funeral plan is protected by the Financial Services Compensation Scheme (FSCS). With FSCS protection you are guaranteed to receive either an equivalent funeral plan or financial compensation at the current market value if your provider ceases to trade.  This is the same scheme that safeguards all UK bank accounts for up to £85,000. Funeral plans from unregulated businesses do not have this protection.

If you hold an Iberian funeral plan or any unregulated funeral plan we advise that you act quickly to protect your arrangements.

Q&A: The Dangers of Unregulated Funeral Plans

Q: Why are unregulated funeral plans unsafe?
A: Funeral plans that are not regulated offer no financial security. If the company fails, your money could be lost, leaving your loved ones with no guarantee that your funeral will be covered.

Q: The salesperson seemed trustworthy—should I still be worried?
A: Yes. Some unregulated funeral plans are sold by pushy or persuasive salespeople who use high-pressure tactics. These sellers aren’t monitored by regulators, which means they can make big promises without backing them up. If the company goes under, there’s no safety net to protect you.

Q: What’s the difference between a regulated and unregulated plan?
A: A regulated funeral plan is protected by financial safeguards, ensuring that even if the company closes, your funeral costs are still covered. An unregulated plan has no protection, meaning you could lose your money with no compensation.

Q: How can I tell if my funeral plan is regulated?
A: Always check whether the provider is authorised by the Financial Conduct Authority (FCA) and whether their plans are covered by FSCS protection. If they don’t have these safeguards, they are unregulated and high risk. Golden Leaves and Avalon Funeral Plans are the only two regulated providers currently operating in Spain, Portugal, and Cyprus.

Q: What should I do if I have an Iberian funeral plan or another unregulated plan?
A: If you have a funeral plan with Iberian Funeral Plans or any other provider that is not regulated, it is vital to act quickly to protect your future arrangements. To assist those affected, we have launched the Lifeboat Assistance Initiative, offering
guidance and support to help you transition to a safe, regulated funeral plan.

Contact Golden Leaves today to find out more about our regulated and protected funeral plans.
Call us: 966 463 082
Visit our website: www.goldenleavesinternational.com 
Email us: info@goldenleavesinternational.com

By planning and paying for your funeral in advance in a way to suit your budget, it’s possible to protect your family from the stress and expense of arranging your funeral. Your final wishes deserve to be carried out with dignity, security, and peace of mind. Don’t take unnecessary risks—contact Golden Leaves to explore your options.