Will I Get My Money Back From Safe Hands Funeral Plans, Learn what went wrong, latest legal updates, and how to protect yourself when choosing a new provider. The company’s administrator, FRP Advisory, announced that plan holders could receive initial repayments of between 8. Safe Hands sold pre-pay funeral Today both my husband and I received a letter each stating that Safe Hands were now in the hands of the administrators. of 2. Customer: Im in Funeral Director Daily recently learned that holders of pre-need funeral plans from Safe Hands Plans, Ltd. 5p for every pound they lost, by the end of June. We were not given much information. Some say they received less money back than expected. TENS of thousands of customers who were left out of pocket after prepaid funeral firm Safe Hands went bust three years ago will only get a fraction of their money back next month, Sun 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 Money Funerals EXCLUSIVE: 'I paid £3,000 for a Safe Hands funeral plan - but now I might not get a penny back' Safe Hands this week hired Hi can someone help i lost a lot of money through safe hands funeral plan when they went into hands of a minister JA: Where are you? It matters because laws vary by location. Companies currently offering prepaid funeral plans but not applying for FCA authorisation are obliged to arrange the winding down . Why is Safe Hands no longer able to provide my funeral? Your previous Funeral Plan provider, Safe Hands Funeral Plans (“Safe Hands”) went into administration in 2022 and are therefore unable A fraud inquiry has begun into the funeral plan provider Safe Hands, which collapsed leaving thousands of people with lost savings. P repaid funeral firm Safe Hands went bust three years ago - and customers have now been told they will only get a fraction of their money back next month. will initially receive about 10% of their News Midlands News Your Money 46,000 customers issued refund update after funeral firm Safe Hands collapse Customers will only get 6p-9p in the pound back. TENS of thousands of customers who were left out of pocket after prepaid funeral firm Safe The SFO launched an investigation into suspected fraud at Safe Hands Plans Limited and its parent company SHP Capital Holdings Limited in 2022. 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. Payments will be issued Funeral services under the plans have been guaranteed for the next fortnight but it is unclear yet if other holders will get all their money back or 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 Customers who lost money to collapsed funeral firm Safe Hands have been told they will lose most of their cash.
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