Funeral Plan Company Goes Bust, Thousands of people who purchased funeral plans have been Oct 20, 2025 · Safe Hands sold pre-paid funeral plans, which allow you to pay upfront for your own send-off so your loved ones aren’t left to foot the bill. Safe Hands was one of dozens of companies operating in the previously Jan 23, 2026 · People who have bought funeral plans have been told they are at risk after a company went bust. May 2, 2024 · EXCLUSIVE: 'Funeral company went bust - and now I can't afford to die' Grieving families are having to struggling with debt or having cremations without any attendees, as the "cost of dying” has What happens if a funeral plan company goes bust? Access the financial protection offered by the Financial Services Compensation Scheme (the FSCS)Opens in a new window This means if the funeral provider goes bust, you'll be able to claim compensation for your financial loss. The Serious Fraud Office has charged two in its investigation into suspected fraud at Safe Hands Mar 24, 2022 · Now that Safe Hands has ceased trading, customers who had already purchased funeral plans face a fight to get their money back. Oct 15, 2025 · Pre-paid funeral plan provider in administration or gone bust? Since July 2022, plans are FCA regulated. Around 46,000 people had invested in the company to cover their funeral costs. The Financial Services Compensation Scheme (FSCS) doesn’t provide protection for customers of funeral plan providers if the company goes bust. Jan 23, 2026 · A UK funeral firm collapsed into administration and allegedly left 46,000 people in the lurch. Safe Hands appointed FRP Advisory Trading Limited as administrators Jan 23, 2026 · News Cost Of Living Funeral plans bought by 46,000 at risk as company goes bust Serious Fraud Office said 'plan holders are exposed, out of pocket and uncertain' Jan 24, 2025 · Safe Hands Plans Ltd, along with many other funeral plan companies, was part of an unregulated industry until rules were introduced in July 2022. Two men are accused of a conspiracy to defraud over the crumbling of the Safe Hands pre-paid Dec 17, 2025 · Since July 2022, pre-paid funeral providers have required approval to operate from the Financial Conduct Authority (FCA). Nov 14, 2022 · ‘I can’t afford to die’: Pensioner’s £4,000 pre-paid funeral at risk after company goes bust One Life is one of 20 pre-paid funeral firms ceasing to operate after the watchdog stepped in Sep 23, 2024 · The plans became particularly popular as funeral prices soared, but there were questions over the lack of protection if a provider went bust. . Jan 23, 2026 · Funeral plans bought by 46,000 at risk as company goes bust Two former executives of Safe Hands Plans Ltd have been charged with conspiracy to defraud after the funeral plan provider collapsed Jan 23, 2026 · UK funeral firm collapses into administration - 46,000 'left out of pocket' Two men are facing charges after the company announced it could no longer honour agreements. 9vyvb, 2g, vtk, qksuu, p5gmy, qupp, 5bdcv7, vjz, ggid4z, 5c7,