After four months of uncertainty, customers of a failed funeral insurer have had a burden lifted off their shoulders, with the federal government promising to pay out claims while it investigates the company's demise. Key points: A government scheme will cover funeral costs for Youpla customers left without insurance Youpla went into liquidation in March this year, leaving 14,500 policyholders …
The director of an embattled funeral insurer that has left thousands of people without cover says he tried his best to save the company and protect its customers. Key points: Youpla funeral funds went into liquidation in March this year Liquidators are investigating millions of dollars paid in dividends over decades Advocates want the regulator to "vigorously investigate" possibility of …
A controversial funeral insurer has been asked to address concerns around its finances after administration problems saw thousands of clients left in the lurch when it went into liquidation last week. Key points: ASIC said it had written to the Youpla Group seeking clarity about its financial situation The move to quietly liquidate an arm of the business has created …