Trust Firm's Fate Leaves Thousands In The Dark
By Jeff Prestridge, Financial Post on Sunday
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By Jeff Prestridge, Financial Post on Sunday
Philips Trust Corporation offers will writing services, probate administration, inheritance tax planning and funeral plans. It also manages trusts on behalf of clients.
A petition has now been launched demanding that the Government set up an emergency fund to support victims Ernest and Pat Hughes paid £3,395.
We can reveal that the trust fund had plunged £3.7million into the red - even though the money was supposed to be ring-fenced and protected. Kim Sharp is a victim.
TWO of the UK's largest providers of pre-paid funeral plans and cremation services have stepped in after the collapse of Safe Hands.