Pre-paid funeral plans: Fears FCA legislation will spark firms' collapse, losing customers' money - News Summed Up

Pre-paid funeral plans: Fears FCA legislation will spark firms' collapse, losing customers' money


Families who have paid thousands of pounds for funeral plans are desperately seeking reassurance that they will not be left out of pocket. She found Safe Hands after searching for funeral plans on Google and called to make sure her cash would be safe before sending a cheque. If your funeral plan provider was behaving properly then yes, your money should have been invested in a trust and been overseen by independent trustees. Safe Hands is talking to a number of funeral plan providers to ensure plans are delivered even if there's not enough money in its trust. Good funeral plans are still good products and there are still plenty of reputable firms.


Source: Daily Mail March 02, 2022 19:39 UTC



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