Frp Advisory Safe Hands, 57 million claimed by creditors against the Safe Hands Plans Trust. Weeks later, it fell into administration, leaving 46,000 customers with near-worthless plans. The administrator has confirmed that Safe Hands customers won't face any additional fees for this service. Apr 6, 2022 · Dignity has agreed with Safe Hands' administrator, FRP Advisory, to provide funeral care arrangements for existing Safe Hands customers who need them for the next six months. 5p for every pound they lost. An FRP spokesperson said it was "working hard to recover more funds and Jan 22, 2026 · About 46,000 customers lost thousands of pounds when Safe Hands Plans Ltd collapsed in 2022 and went into administration. Administrators FRP Advisory revealed that the trust fund into which their payments were allegedly placed was seriously in deficit. Discover our breadth of services. Mar 24, 2022 · Collapse of funeral plan firm Safe Hands leaves services in doubt The company has hired administrators from FRP Advisory to oversee the insolvency process. 5p for every pound they lost - by the end of June. FRP Advisory reported in 2022 that there was an estimated £70. This move comes amid allegations of the “misuse of trust funds” and is regarded as a crucial step toward recovering Aug 8, 2022 · Dignity has agreed with Safe Hands' administrator, FRP Advisory, to provide funeral care arrangements for existing Safe Hands customers who need them for the next six months. 5p and 12. The BBC reports how a couple from Nottinghamshire who paid £3,375 in 2017 for a funeral plan said they felt "angry, disappointed, sick" when the firm collapsed. Oct 11, 2023 · Information for Safe Hands Plans funeral plan holders The SFO is in the early stages of the investigation and is liaising with the appointed administrators FRP Advisory Trading Ltd. Oct 11, 2023 · In March 2022, after failing to secure authorisation from the Financial Conduct Authority to continue operating, Safe Hands Plans Limited and its parent company SHP Capital Holdings Limited went into administration. Although the cost of . Jan 24, 2025 · The company’s administrator, FRP Advisory, announced that plan holders could receive initial repayments of between 8. Jan 10, 2025 · 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 Navigator, a Cayman Islands firm where customer funds were diverted, as reported by The Times. Nov 29, 2024 · The SFO launched an investigation into suspected fraud at Safe Hands Plans Limited and its parent company SHP Capital Holdings Limited in 2022. You can contact it on 0800 640 9928. May 2, 2022 · Failed funeral plans provider Safe Hands coughs up just £4m of £64m needed to pay back customers Administrators FRP have told customers they're unlikely to get their money back Jan 24, 2025 · The company’s administrator, FRP Advisory, announced that plan holders could receive initial repayments of between 8. The Serious Fraud Office (SFO) has charged two men - Richard Wells Administrators at FRP Advisory were appointed in March 2022 after Safe Hands withdrew an application to the Financial Conduct Authority before it took on regulation of the pre-paid funerals market. Oct 14, 2022 · 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' administrator to get your money. 5m of the estimated £83m paid in. FRP Advisory told the BBC payments would We get tangible results for our clients, helping key people make important strategic decisions. Dec 17, 2025 · The court-appointed administrator for Safe Hands initially said planholders could receive repayments of between 8. Nov 29, 2024 · The SFO is in the early stages of the investigation and is liaising with the appointed administrators FRP Advisory Trading Ltd. 5p for every pound they lost, by the end of June. Oct 11, 2023 · In February last year, alarm bells began to ring when Wakefield-based Safe Hands suddenly said it would not be seeking authorisation from the FCA. Jan 23, 2025 · The administrator for Safe Hands, FRP Advisory, has said planholders could receive initial repayments - of between 8. At this time, we ask that plan holders do not contact the SFO Dec 17, 2025 · Now administrators for Safe Hands, FRP Advisory, are distributing just under £3. 0ejxjwb, edhv, mwnctb, dj9, acd, tjpda, qmor, iq9a, lkx5od55, h6k,