Avalon Trustee Company Limited as we understand it is the company which looks after the funds invested by Avalon Funerals to provide for the future cost of providing those funerals.
All reputable funeral plan companies we are aware of in the UK have similar arrangements to protect their clients – though this is not the same in other countries where things regularly go badly wrong!
|Company Name||The Avalon Trustee Company Limited|
|Category||Private Limited Company|
|Registered Address||Unit A2 Brooke Court|
Avalon say “We understand that you are effectively paying now for a future service that will occur but one you will not see. It is therefore important for Avalon to have in place appropriate safeguards with leading institutions to ensure your peace of mind.
Your money is securely invested in the Avalon Funeral Trust No.4. The funds in Trust are held separately to the Company and managed by Independent Trustees to ensure your money is protected.
We utilize advisors with the highest regard towards long-term financial security:
- The Avalon Funeral Trust No.4 Custodian Trustee is Capita Trust Company Limited who are responsible for legally holding the assets of the Trust separate to the Company. Capita is a FTSE 100 company that specialises in public services
- The Avalon Funeral Trust Trust No.4 is valued annually by our actuaries, Rowanmoor Group plc, to ensure there are sufficient assets to ultimately meet the future payments to Funeral Directors.
- Insight Investment are the Investment Managers to the Trust. Their objective is to ensure that the funds in the Trust grow securely in line with the stated liabilities of the future funeral costs. Insight are a leading global asset manager.
- The Trust accounts are produced and audited annually by BDO LLP, the award-winning UK member firm of the BDO international network, the world’s fifth largest accountancy organisation, with 1,200 offices in 138 countries”
Details of its’ directors etc can be found by clicking here: Avalon Trustee Company though this is an external source and we do not know how accurate or up to date it is,