The trustee of Safe Hands Plans has received a £17 million High Court claim from administrators of the collapsed pre-paid funerals company.Safe Hands slumped into insolvency last year, leaving about
Safe Hands Plans and its parent company SHP Capital Holdings firms were owned by 37-year-old Richard Wells who filed for bankruptcy earlier this month.
A funeral plan firm is under fire for misleading customers about where their money was held. Unique Funeral Plans claimed clients cash was put in an investment trust, the Sterling Trust Corporation Ltd.
The FCA named Empathy (Empathy Funeral Plans UK Limited) and Unique (Fox Milton & Co Limited, trading as Unique Funeral Plans) as the two that they strongly advise be avoided.