The Financial Sector Conduct Authority (FSCA) and Prudential Authority (PA) (hereafter referred to as the Authorities) have initiated a review of the regulatory framework for the distribution of funeral insurance in South Africa. This review is in response to concerns identified by the Authorities as well as those raised by representatives of the funeral parlour industry, particularly regarding the appropriateness of the current regulatory framework considering the unique socio-economic and market dynamics of the sector.