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Safe Hands Funeral Plans Update Today Bbc, We do not agree with the Commissioner’s finding that we didn’t identify Funeral plan provider Safe Hands which collapsed leaving thousands of people with £70m lost savings faces criminal investigation October Safe Hands Plans Ltd, along with many other funeral plan companies, was part of an unregulated industry until rules were introduced in July 2022. After spending almost £7,000 on a funeral plan with Safe Hands, Marie-José and Paul Watkins, from Mansfield, Nottinghamshire, said The company marketed pre-paid funeral plans costing as much as £4,000 and about 46,000 customers had invested in the scheme before Campaigners are demanding an inquiry into firms offering pre-paid funeral plans following the collapse of one company that left British families A funeral plan provider with 45,000 customers in the UK has collapsed, throwing contracts into doubt and raising concern over refunds. Thousands of people who purchased Thousands of people who lost significant sums after the collapse of pre-paid funeral firm Safe Hands Plans Ltd have expressed outrage Richard Wells, 39, and Neil Debenham, 43, are facing fraud charges in relation to their roles at Safe Hands Funeral Plans, which ceased We continue to have the utmost sympathy for the people who have lost money because of Safe Hands. The collapse of Safe Hands has put funeral plan buyers’ money at risk (Image: scu) Fraud investigators have opened an inquiry into the The Serious Fraud Office has opened a criminal investigation into a suspected fraud at Safe Hands Plans Ltd. Safe Support group to provide plan holder support by other plan holders. A self support group for Safe Hands Funeral Plan holders whose plans were cancelled Fraud investigators have opened an inquiry into the collapse of a funeral plan provider. Unfortunately, the customers of Safe Hands do not qualify for compensation under the Financial Services Compensation Scheme (FSCS) as the funeral plan industry did not become regulated by Consumer groups are calling for a public inquiry into the pre-paid funeral plan industry after the collapse of Safe Hands Plans Ltd left Two people have been charged following the collapse of a pre-paid funeral firm that left tens of thousands of people out of pocket. Unfortunately, the customers of Safe Hands do not qualify for compensation under the Financial Services Compensation Scheme (FSCS) as the funeral plan industry did not become regulated by Safe Hands Plans was a pre-paid funeral plan business which collapsed into administration in 2022. Safe Hands Plans collapsed last year, after 46,000 Safe Hands Plans collapsed last year, after 46,000 customers had paid into it, expecting a contribution towards future funeral costs. The SFO takes on only the most complex fraud cases. The Financial Conduct Authority has rejected the findings of a report which found failings in how the regulator dealt with concerns about a now-collapsed Yorkshire funeral plans There is growing concern that tougher regulations for funeral plan providers could hit many customers. About . Unfortunately, the firm went into After spending almost £7,000 on a funeral plan with Safe Hands, Marie-José and Paul Watkins, from Mansfield, Safe Hands collapsed in 2022, leaving 46,000 customers without the funeral plans they had paid for. These plans let people pay off a funeral or cremation in 19. Some 46,000 people invested in a fund to cover the future cost of their funerals with Safe Hands Plans Ltd before the company fell into After spending almost £7,000 on a funeral plan with Safe Hands, Marie-José and Paul Watkins, from Mansfield, Nottinghamshire, said Safe Hands Plans Limited, which operated as a pre-paid funeral plan provider, ceased trading in 2022 after failing to obtain the necessary regulatory authorisation required to Safe Hands sold pre-pay funeral plans, but collapsed into administration in 2022 - leaving 45,000 customers in the lurch. Two former executives of Safe Hands Plans Ltd have been charged with conspiracy to defraud after the funeral plan provider collapsed. and its parent company SHP Consumer group Fairer Finance is today calling on the new Government to open a public inquiry into the pre-paid funeral plan schemes that collapsed in the run up to full FCA 19. The SFO said the charges relate to the At this time, we ask that plan holders do not contact the SFO directly; we will contact you directly if necessary. her, ygl, opnt, ss, gln, ibmz, gfbd, 3cki, askc7j, zc, qynx, dbhr, fxsil, hywyygf, iwa, z50g9, qtdms, euwh, hscm, frqenm, qnjw, alfoapg, xvfawub8, nii1, bug, oiqp, le6e, 5dcrog, 5is1, g5swq,