Summary of the Actuarial Solvency Assessment Reports for the Golden Leaves Trust and BFD Pre-Paid Funeral Plan Trust.
The Trustees of the Golden Leaves Trust and BFD Pre-Paid Funeral Plan Trust commissioned Broadstone to undertake actuarial valuations of the respective trusts as at 5 April 2026.
The assessments were prepared in accordance with Article 60(1)(b)(v) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 and cover the determination, calculation and verification of the trusts’ assets and liabilities at the valuation date.
The purpose of the valuations was to assess whether the assets held within the trusts were sufficient to meet the cost of providing plan holders’ contracted funeral services. The reports also considered the financial position of each trust and its ongoing funding requirements.
The reported funding level at the valuation date for the Golden Leaves trust was 130%, and for the BFD Pre-Paid Funeral Plan Trust 159% representing assets sufficient to cover the assessed liabilities by significant margins.
Golden Leaves Trust SAR report
