Safe Hands Funeral Plan

eskbanker

Aylesbury_Duck said: 

I think the administration period ends today, so presumably you'll hear something soon

Unfortunately likely to continue, although presumably with some sort of notification via the next progress report....

When will the Administration end?

The Administration is currently due to end automatically on 23 March 2023 as this will be 12 months from the date of appointment of the Administrators. This period can be extended with consent of the creditors for up to 12 months or longer by application to the Court as required.

The Administrators anticipate the administration will be extended to give additional time to fulfil their duties given the complex nature of the assignment.

[...]

What is the status of the Administration and when can I expect a more general update?

The Administrators are required to provide a detailed progress report to creditors of the Company every six months. The first report, which has been issued, covers the period from 23 March 2022 to 22 September 2022.

This report and subsequent reports will be uploaded to the creditor’s portal for the Administration at https://creditors.frpadvisory.com/ for plan holders to access.

Ectophile

The administrators have to keep working until their total fees come to the amount of money left in the company.  At that point, there's no money left to distribute, so they can wind up the process.

Aylesbury_Duck

Oooh, you cynic 

MikeJXE

Very sad

I bought a funeral plan with the Co-op 15 years ago so this thread scared me a bit 

After a google I find it's safe and registered with FCA, Co-op apparently don't hold on the fund it's placed in a trust