Working to bring funeral costs down 

Our Trust at Silver Clouds Later Life Planning Ltd 

Silver Clouds Later Life Planning Limited is a funeral plan provider. 
All of our affairs are arranged strictly in compliance with applicable laws and regulations. In particular, we comply with legislation applicable to trust based funeral providers which is set out at Article 60 (1) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001. In summary, this piece of legislation provides that all sums paid by our customers are held in a trust for the purpose of providing the funeral. Furthermore, the trust must be in writing, more than half of the trustees must be unconnected with us, the trustees must appoint an independent fund manager to manage the assets of the trust, annual accounts must be prepared and audited by a statutory auditor and the assets and liabilities of the trust must , at least once every three years, be determined, calculated and verified by an actuary. 
In compliance with the above legislation, we duly settled the Silver Clouds Trust as a separate entity under a written trust deed and appointed a trust corporation with a board of trustees where a majority of the trustees are independent of us. 
Funeral plan payments whether they are paid by monthly installments or paid in full, are paid directly into the Silver Clouds Trust and not to us. 
Funds to pay for the funeral are ringfenced and can only be released by the trustees under the terms of the trust. 
The trustees’ primary responsibility is to ensure that there are sufficient funds to pay the agreed funeral costs no matter when a funeral takes place and regardless of the plan type. 
In the circumstances, the trustees use an independent investment manager in order to ensure that the trusts assets are appropriately invested. 
The trustees also ensure that the trust fund is audited annually and that at least every three years an actuary is appointed to provide the trustees with a valuation. 
For further information about how our trust fund works please visit
This website should not be regarded as an offer or solicitation to conduct investment business as defined by the Financial Services and Markets Act 2000. Past performance of investments in the trust fund is not necessarily indicative of future performance. The value of investments in the trust fund may fall as well as rise and the income from investments may fluctuate and is not guaranteed.  
Although, we are not regulated by the Financial Conduct Authority any investment manager appointed by the trustees will be authorised and regulated by the Financial Conduct Authority. If in doubt, you should seek advice from a qualified investment professional. 
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