New transparency rules are helping keep down the spiralling cost of funerals, according to a review by the Competition and Markets Authority (CMA).
New transparency rules are helping keep down the spiralling cost of funerals, according to a review by the Competition and Markets Authority (CMA).
Please find an article below from the FCA.
If you have any concerns about Tees Mutual products and services please contact your agent, the office on 01642 850022, via the contact form on the website or email info@teesmutual.co.uk
On 31 July, new rules came into force for financial services firms.
The new rules, known as the Consumer Duty, set a higher standard of consumer protection in financial services.
The Duty means you should get:
We’re closely monitoring how firms are putting our new rules in place and will take action against those that aren’t following them.
Under the Duty, firms should be open and honest, avoid harm, and support you to pursue your financial goals. You should expect:
These rules apply to all new and existing products and services that are currently on sale. For older products that are no longer on sale, the rules will apply from 31 July 2024.
If you have a problem with your provider, or you don’t feel they’re meeting the Duty's standards, you should complain to them. If you're unhappy with their response, then you should contact the Financial Ombudsman Service.
If you don’t think you are getting good service or value for money you should shop around and consider switching.
New transparency rules are helping keep down the spiralling cost of funerals, according to a review by the Competition and Markets Authority (CMA).
Two more promising young footballers have joined the next generation of talented players from Bruce Rioch’s iconic Middlesbrough FC team of the late 1990s, after being snapped up by Tees-Mutual-sponsored Cleveland Schools FA.
The average cost North-East families paid for a basic funeral rose to £3,915 in 2021 – despite a fall in the average price across the UK.
Did you know that a major change to the law rearing organ donation came into force during 2020?
Would you know what to do if you smelt gas or carbon monoxide in your home and suspected a leak?
The relationship between Tees Mutual’s friendly team of agents and our members has always been much more than just business.
Ruthless fraudsters have been taking advantage of the coronavirus pandemic to rip-off unsuspecting members of the public with a whole raft of sneaky new schemes – here's our guide to the most common scams and how to avoid them.
Have you ever thought about what would happen to your beloved dog if you passed away or become seriously ill and were unable to look after it?
The cost of dying has soared in recent years, but new research has revealed that the current coronavirus pandemic has sent the figure spiralling even further.
The Tees Mutual Community Fund has stepped in to pay for a talented dancer’s official kit after he was chosen to represent Team England at the Dance World Cup in Rome.
A charity that provides a vital lifeline for parents of premature babies has been able to buy specialist equipment thanks to the latest grant from Tees Mutual’s Community Fund.
Members of a Teesside stroke support group are the first people in the world to benefit from a pioneering rehabilitation technique that academics hope will speed up recovery from the devastating condition.
The cost of a funeral in the North-East has risen to an average of £3,659 – and researchers have identified a worrying trend of bereaved relatives racking up debts to meet their bills.
Ambitious walking footballers are making plans for a bigger and better European campaign after a donation from the Tees Mutual Community Fund helped them take part in two tournaments in Spain.
A £250 grant from the Tees Mutual Community Fund will enable a thriving Middlesbrough youth football club to do the double even before the new season starts.
Applications are being invited from causes as diverse as youth theatres and dance groups to local self-help groups and bereavement services who want to share in the £5,000 Tees Mutual Community Fund.
The right songs or hymns can often provide the most poignant moments in a funeral service, moving us to tears with the beauty of their melodies and the message within their words.
Tees Valley Walking Football Club are on their way to sunny Spain to take part in two tournaments – thanks to help from the Tees Mutual Community Fund.
Patricia Boynton is on a mission. As a fundraiser for Butterwick Hospice Care, she wants the whole of Teesside to know that the charity doesn’t only provide vital end-of-life care for people suffering from terminal illnesses.
We’re all trying to do our bit for the environment by recycling more and more these days, but do really we know what we can and can’t put in the regular collections from our council refuse teams?
A new £5,000 fund to support local community groups and good causes has kicked off with a welcome donation to help keep schools’ football thriving throughout Teesside.
This article looks at some of the advantages of saving with your local mutual society over buying a pre-paid funeral plan.
The premiums members pay each week or month are invested into Tees Mutual’s With Profits Fund, which is managed by the society’s investment advisors, London-based LGT Vestra.
Two major government reviews of the multi-billion-pound funeral industry have been launched after ministers became concerned that bereaved families are being ripped off.
We've gathered some of the very best funeral directors in Teesside in one comprehensive list - who made the cut?
Consumer campaigners are calling for more protection for people taking out prepaid funeral plans, saying the current system leaves their money at risk.
This is what our members have to say about Tees Mutual and why they believe in putting aside a little money now for the future…
Customers searching for online funeral insurance plans have been issued with a warning about fake comparison sites that have led to victims feeling “hounded”.
One of Teesside and County Durham’s oldest and most trusted institutions has unveiled a new name and logo as part of a major rebranding.
The following account of the history of Tees Mutual is adapted from an article that was published Evening Gazette’s Remember When publication in October 2015.
Please find an article below from the FCA.
If you have any concerns about Tees Mutual products and services please contact your agent, the office on 01642 850022, via the contact form on the website or email info@teesmutual.co.uk
On 31 July, new rules came into force for financial services firms.
The new rules, known as the Consumer Duty, set a higher standard of consumer protection in financial services.
The Duty means you should get:
We’re closely monitoring how firms are putting our new rules in place and will take action against those that aren’t following them.
Under the Duty, firms should be open and honest, avoid harm, and support you to pursue your financial goals. You should expect:
These rules apply to all new and existing products and services that are currently on sale. For older products that are no longer on sale, the rules will apply from 31 July 2024.
If you have a problem with your provider, or you don’t feel they’re meeting the Duty's standards, you should complain to them. If you're unhappy with their response, then you should contact the Financial Ombudsman Service.
If you don’t think you are getting good service or value for money you should shop around and consider switching.
New transparency rules are helping keep down the spiralling cost of funerals, according to a review by the Competition and Markets Authority (CMA).
Two more promising young footballers have joined the next generation of talented players from Bruce Rioch’s iconic Middlesbrough FC team of the late 1990s, after being snapped up by Tees-Mutual-sponsored Cleveland Schools FA.
The average cost North-East families paid for a basic funeral rose to £3,915 in 2021 – despite a fall in the average price across the UK.
Did you know that a major change to the law rearing organ donation came into force during 2020?
Would you know what to do if you smelt gas or carbon monoxide in your home and suspected a leak?
The relationship between Tees Mutual’s friendly team of agents and our members has always been much more than just business.
Ruthless fraudsters have been taking advantage of the coronavirus pandemic to rip-off unsuspecting members of the public with a whole raft of sneaky new schemes – here's our guide to the most common scams and how to avoid them.
Have you ever thought about what would happen to your beloved dog if you passed away or become seriously ill and were unable to look after it?
The cost of dying has soared in recent years, but new research has revealed that the current coronavirus pandemic has sent the figure spiralling even further.
The Tees Mutual Community Fund has stepped in to pay for a talented dancer’s official kit after he was chosen to represent Team England at the Dance World Cup in Rome.
A charity that provides a vital lifeline for parents of premature babies has been able to buy specialist equipment thanks to the latest grant from Tees Mutual’s Community Fund.
Members of a Teesside stroke support group are the first people in the world to benefit from a pioneering rehabilitation technique that academics hope will speed up recovery from the devastating condition.
The cost of a funeral in the North-East has risen to an average of £3,659 – and researchers have identified a worrying trend of bereaved relatives racking up debts to meet their bills.
Ambitious walking footballers are making plans for a bigger and better European campaign after a donation from the Tees Mutual Community Fund helped them take part in two tournaments in Spain.
A £250 grant from the Tees Mutual Community Fund will enable a thriving Middlesbrough youth football club to do the double even before the new season starts.
Applications are being invited from causes as diverse as youth theatres and dance groups to local self-help groups and bereavement services who want to share in the £5,000 Tees Mutual Community Fund.
The right songs or hymns can often provide the most poignant moments in a funeral service, moving us to tears with the beauty of their melodies and the message within their words.
Tees Valley Walking Football Club are on their way to sunny Spain to take part in two tournaments – thanks to help from the Tees Mutual Community Fund.
Patricia Boynton is on a mission. As a fundraiser for Butterwick Hospice Care, she wants the whole of Teesside to know that the charity doesn’t only provide vital end-of-life care for people suffering from terminal illnesses.
We’re all trying to do our bit for the environment by recycling more and more these days, but do really we know what we can and can’t put in the regular collections from our council refuse teams?
A new £5,000 fund to support local community groups and good causes has kicked off with a welcome donation to help keep schools’ football thriving throughout Teesside.
This article looks at some of the advantages of saving with your local mutual society over buying a pre-paid funeral plan.
The premiums members pay each week or month are invested into Tees Mutual’s With Profits Fund, which is managed by the society’s investment advisors, London-based LGT Vestra.
Two major government reviews of the multi-billion-pound funeral industry have been launched after ministers became concerned that bereaved families are being ripped off.
We've gathered some of the very best funeral directors in Teesside in one comprehensive list - who made the cut?
Consumer campaigners are calling for more protection for people taking out prepaid funeral plans, saying the current system leaves their money at risk.
This is what our members have to say about Tees Mutual and why they believe in putting aside a little money now for the future…
Customers searching for online funeral insurance plans have been issued with a warning about fake comparison sites that have led to victims feeling “hounded”.
One of Teesside and County Durham’s oldest and most trusted institutions has unveiled a new name and logo as part of a major rebranding.
The following account of the history of Tees Mutual is adapted from an article that was published Evening Gazette’s Remember When publication in October 2015.
Tees Mutual does not provide financial advice. If you are in any doubt as to whether a policy is suitable for you, you should contact an Independent Financial Adviser (IFA) for advice. An IFA may charge for providing such advice and you should confirm any cost beforehand. We are covered by the Financial Ombudsman Service, whose website address is www.financial-ombudsman.org.uk.
Tees Mutual is a trading name of The Kensington Friendly Collecting Society Limited, which is an incorporated Friendly Society under the 1992 Friendly Societies Act No. 79COL. KFCSL is Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. KFCSL’s Financial Services Register number is 110058.
The registered address of Tees Mutual and its subsidiary, Tees Mutual Services Limited, is 1-3 Kensington Road, Linthorpe, Middlesbrough, North Yorkshire, TS5 6AL.
