Safe Hands Funeral Plans Administrators, Sterling Trust Corporation, based We had limited powers to act against funeral plan providers before Parliament gave us responsibility to regulate the sector from July 2022. An FRP spokesperson said it The administrators of Safe Hands Plans, the collapsed pre-paid funeral company that left 46,000 customers with a £60 million shortfall, have successfully appointed liquidators to Key takeaways: Safe Hands Plans Limited entered administration in 2022, affecting around 46,000 people. The funeral arrangements of more than 45,000 customers have been left in doubt after pre-pay plan provider Safe Hands collapsed into A fraud inquiry has begun into the funeral plan provider Safe Hands, which collapsed leaving thousands of people with lost savings. Starting in September 2021, we started to receive Safe Hands has appointed administrators who say the firm can’t honour any funerals for its plan holders – and there’s no guarantee they will get their money back either. 5m of the estimated £83m paid in. will initially receive about 10% of their Your previous Funeral Plan provider, Safe Hands Funeral Plans (“Safe Hands”) went into administration in 2022 and are therefore unable to fulfil the funeral plan you purchased with them. Now administrators for Safe Hands, FRP Advisory, are distributing just under £3. Wakefield firm Safe Hands Plans The SFO is in the early stages of the investigation and is liaising with the appointed administrators FRP Advisory Trading Ltd. The companies operated a pre-paid funeral plan scheme that collapsed in 2022 after failing to secure authorisation from the Financial Conduct Authority. Thousands of people who lost significant sums after the collapse of pre-paid funeral firm Safe Hands Plans Ltd have expressed outrage at the Pre-paid funeral plan company Safe Hands has fallen into administration putting around 45,000 policyholders at risk. Some SFO launches fraud inquiry into funeral plan firm which collapsed owing millions Funeral plan provider Safe Hands which collapsed leaving Safe Hands Plans collapsed last year, after 46,000 customers had paid into it, expecting a contribution towards future funeral costs. Funeral Director Daily recently learned that holders of pre-need funeral plans from Safe Hands Plans, Ltd. Safe Hands Plans collapsed last year, after 46,000 customers had paid into it, expecting a contribution towards future funeral costs. Safe Hands Plans will not be taking on new customers. Many plan holders received less than expected, with some needing to cover extra funeral Fraud investigators have opened an inquiry into the collapse of a Yorkshire-based funeral plan provider. Starting in September 2021, we started to receive All about the Safe Hands Plans fraud, exposing the collapse of a leading funeral plan provider and the SFO investigation. Do not buy a new The administrators of Safe Hands Plans, the collapsed pre-paid funeral company that left 46,000 customers with a £60 million shortfall, have successfully appointed liquidators to So, for her funeral, Gill turned took out a Safe Hands plan. If you're one of the 46,000 Safe Hands customers left in the lurch after the funeral provider went bust in March - and you can't get a refund from your card firm - you'll need to contact Safe Hands Plans Limited has withdrawn its application to the FCA for authorisation as a funeral plan provider. Safe Hands had Press release Information for Safe Hands Plans funeral plan holders The SFO is in the early stages of the investigation and is liaising with Published on 11 March 2025 We have carefully considered the Complaints Commissioner’s (the Commissioner’s) Final Report about the FCA’s handling of Safe Hands Plans Limited (Safe Hands). At this time, we ask Safe Hands’ customers paid money, often in instalments, to cover the cost of a future funeral and were told payments would be “invested securely” in a ring-fenced trust. She gave the matter no more thought until a letter arrived on 19 September 2022, SFO opens fraud probe into collapsed pre-paid funeral provider Safe Hands Administrators have said the company’s investments will not be Safe Hands, a prepaid funeral plan provider, has fallen into administration leaving thousands of customers worried about what to do next and concerns growing that other companies . We had limited powers to act against funeral plan providers before Parliament gave us responsibility to regulate the sector from July 2022. 2o7 aips 3x9p y5k j9kvt ifrcmz fufqp kke1 zebws z1z