Funeral plan providers and trusts

We provide actuarial services to a number of pre-paid funeral plan providers and their trusts and we consider our actuarial team to be one of the most experienced teams within the funeral plan industry.

What is funeral plan consultancy?

Providing actuarial services and investment consultancy for funeral plan providers and the funeral plan trust industry involves specialised financial and risk management services, tailored to organisations that offer funeral plans and manage the associated trust funds.

What does our funeral plan consultancy include?

We advise funeral plan providers and trusts ranging from around £1m to over £1bn.

As well as doing the necessary calculations and producing valuation and Solvency Assessment reports, we have provided ad-hoc advice on a wide range of issues. In particular, we have been assisting our clients on the future regulation of providers by the Financial Conduct Authority (FCA). We have also helped clients with pricing new products.

What is the benefit of funeral plan provider consultancy?

A major benefit of receiving your actuarial services from Barnett Waddingham is that we are able to draw on expertise from our other practice areas around the Firm. For example, our investment team, led by Rod Goodyer FIA, provides advice on setting investment strategy, selecting investment managers and reporting on investment performance. Rod and his team provide investment advice to one of the biggest pre-paid funeral plans trusts in the industry.

Our longevity team have also contributed to producing bespoke funeral plan-specific mortality tables.

As experienced actuaries advising a number of funeral plan trusts we are well placed to deliver the best high-quality, timely and efficient service to you. Please contact Scott Binnie or Rod Goodyer if you are interested in Barnett Waddingham providing actuarial services or if you’d just like a chat about anything in the industry.