Capital Life Group and Regulated Products

The Capital Life Group specialise in assisting customers with a host of products and services such as:

  • Pre-Paid Funeral Plans
  • Inheritance Planning
  • Probate, including Pre-Paid Probate
  • Equity Release

Some of the products will require a regulated company to provide the services and you can see below which products are dealt with by whom:

Pre-Paid Funeral Plans:

After careful consideration, Capital Life Funeral Planning Ltd have decided to withdraw its application for authorisation by the Financial Conduct Authority (FCA) at this time, with a view to reapplying as soon as possible.

What does this mean for our customers?

As recently announced, we believe Capital Life’s pre-paid funeral plans are underpinned by robust Trust arrangements. In the Trusts’ last SAR (Solvency Assessment Report) in September 2021, the Actuary reported that our Trust was funded to 160.1%. This is 60.1% higher than the minimum FCA’s regulatory requirement that comes into effect on 29th July 2022.

Therefore, we remain confident that with the help and assistance of the FCA, we will achieve a positive outcome for all our customers.

We will be providing regular updates with our progress. Should you have any questions, please email update@capitallife.com

Inheritance Planning:

Inheritance Planning, such as Will Writing, and Lasting Powers of Attorney are provided by Capital Life Legal Services Limited (Company Number 13257860) who are approved members of the Society of Will Writers and conform to their code of conduct. Details can be seen here: https://www.willwriters.com/about-us/

Within Inheritance Planning, there are some activities which are legally required to be administered by a qualified, practicing Solicitor such as some Trust work or obtaining Grants of Probate. In these instances, Capital Life Legal Services Limited will pass any work onto an approved and regulated partner, details of which will be agreed with you before your details are passed.

Pre-Paid Probate Plans:

Currently, there is no official regulation for Pre-Paid Probate Plans. For customer peace of mind, these plans will be administered by Capital Life Legal Services Limited (Company Number 13257860) who are approved members of the Society of Will Writers and conform to their code of conduct. Details can be seen here: https://www.willwriters.com/about-us/

Equity Release:

Capital Life Legal Services (Company Number 13257860) will act as a broker for Equity Release and will introduce customers to an approved partner who will offer the best advice and products for their circumstances. Capital Life Legal Services will receive a commission for a successful referral directly from the provider.