Financial Planning

Knowing that financial matters relating to your funeral have been dealt with is reassuring and also gives you the freedom to choose what you would like.

Once you have made choices, it is easy then to plan. When the financial planning has been completed, you can enjoy the rest of your life with the knowledge that all has been dealt with and nothing will be left to chance.

We suggest that financial planning is addressed because it is estimated that only 0.5% of the UK population thinks ahead, whereas planning in other European countries and the United States is considered to be an acceptable and essential process of putting one’s affairs in order.

During our research process we looked at a variety of options available and concluded that an adaptable Client Deposit Account (CDA) is the best choice. This allows for flexibility as monies can be added at any stage and can only be drawn by The Fantastic Funeral Company upon a client’s death.

CDAs pay interest and the rates are competitive, being paid half yearly in June and December.

A recent report from market researchers Mintel, has predicted the UK will follow countries such as the US and Belgium where [funeral] pre-payment is becoming increasingly popular.

Katy Child, senior market analyst at Mintel, said:

"Although there is a good deal of informal planning of funerals and most consumers like the idea of arranging or pre-paying their funeral, this is rarely translated into formal planning of the event."

The report, based on interviews carried out in October 2006, found 54% of adults wanted to be cremated, and 36% favoured burial.

If you have some questions, please see our FAQs section (click here), alternatively please contact us - we would be very happy to assist you.

Please email The Fantastic Funeral Company here, or telephone us on 0113 269 7892.

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