WebApr 5, 2024 · The collapse of Safe Hands comes after the Financial Conduct Authority (FCA) said it would start regulating firms that provide and arrange prepaid funeral plans from 29 July 2024. If a funeral plan provider does not meet the requirements set by the FCA, they will no longer be allowed to sell plans or carry out funerals. WebJan 17, 2024 · Safe Hands Funeral Plans offers a range of funeral planning services such as pre-paid funeral plans, providing advice and support on funeral arrangements, and managing funeral costs. They also offer options for bereavement support and guidance, helping families through the difficult process of planning a funeral.
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WebCompensation limits. For all types of funeral plan claims, you are protected up to £85,000 per eligible person, per firm. If you choose to receive compensation, FSCS will calculate the amount by reference to what it would cost to buy the same plan on today’s market. WebMar 29, 2024 · An FCA spokesman says: 'We will support the administrators to see whether there is a longer-term solution for Safe Hands' customers.' [email protected] SAVE MONEY, MAKE MONEY WebDec 5, 2024 · Safe Hands will continue to deliver funeral services up to 29th July and we are doing everything we can to ensure that customers' funeral plans are fulfilled after this date under a new plan manager. We are working closely with the FCA to make sure customers receive the best outcome and that we find a solution. lightning link casino free coins gamehunters