Savers in Safe Hands funeral plan will get only a fifth of money back - at most
This is despite the fact their money was meant to be safeguarded in a trust. The cost of Doreen Lewis's funeral was meant to have been covered.
Source: dailymail.co.uk
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Funeral plans: government urged to set up fund for victims of failed providers
Recent collapse of funeral company Safe Hands left 46,000 customers facing losses
Source: theguardian.com
Failed funeral firm Safe Hands pays £4m of £64m needed for customers
It means there is now a strong likelihood that the 47,000 customers of the company will be left with near worthless plans.
Source: dailymail.co.uk
Failed funeral firm Safe Hands pays £4m of £64m needed for customers
It means there is now a strong likelihood that the 47,000 customers of the company will be left with near worthless plans.
Source: thisismoney.co.uk
Trust firm's fate leaves thousands in the dark
Philips Trust Corporation offers will writing services, probate administration, inheritance tax planning and funeral plans. It also manages trusts on behalf of clients.
Source: thisismoney.co.uk