WBR Group were requested by the Trustees of Golden Leaves Trust to perform an actuarial valuation of the assets held as at 5th April 2024.
The actuarial report, in accordance with the Financial Services and Markets Act (Regulated Activities) Order 2001 act. 60(1)(b)(v) covers the determination, calculation and verification of the assets and liabilities of the Trust at 5th April 2024.
The purpose of this actuarial valuation was to establish the level of security from within the trust for a Plan Holder’s contracted funeral service.
The valuation described the financial condition of the trusts at the valuation date and considers the funding appropriate to the Trust after the valuation date.
The results of the valuation show the assets of the trusts are sufficient to cover 123% of the liabilities as at the valuation date.
Please download the summary report here.
