Clydebank residents 'expected more' over funeral plan update

Locals insist they "expected more" of an update <i>(Image: Gordon Terris/Colin Mearns)</i>
Locals insist they "expected more" of an update (Image: Gordon Terris/Colin Mearns)
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Locals say they "expected more" after it was confirmed that negotiations remain ongoing over the future of a funeral plan in Clydebank.

The Family Protection Plan (FFP) at Dalmuir Credit Union is set to close as a result of the underwriter withdrawing from the UK market.

In the most recent update provided to credit unions, CMutual, the insurance broker for the plan, confirmed the FFP will "continue to be available for an extended period for those certificate holders who wish to continue with cover".

This temporary extension has been secured to allow ongoing negotiations over the summer months with a prospective new underwriter, with the aim of securing potential alternative products to be in place.

We previously reported how almost 70 pensioners at the credit union, some of whom have been paying for the scheme for 25 years, could be left with nothing if a solution is not found.

Anne McAulay (Image: Gordon Terris)READ MORE: Pensioner calls for update on credit union plan closure

Anne McAulay, who is one of those affected, insists more information has to be made available on the situation.

The 74-year-old said: "A lot of people who have this policy are pensioners and are around about the same age group.

"I don’t think anyone is keen to see a significant rise in policy payments.

"It seems like CMutual is going to let the policy lapse and then come up with a plan after that.

"I still do not think there will be a resolution that is fair for those who will be affected and more information needs to be released."

Douglas McAllister MP (Image: Colin Mearns) CMutual will "continue to update credit unions in the months ahead around progress, and official termination of the FPP product will occur when all relevant information is available across these different themes/workflows".

Local MP Douglas McAllister has welcomed the postponement of the policy ending, but insists the latest announcement is a "holding update".

He said: "I think the pushback locally has helped towards the postponement of the cancellation.

"The July cut-off has stopped as the policy will continue, but it isn’t the end of the story.

"It will come as some relief to constituents, but the stress and anger won’t stop.

"It is not a complete resolution as the plan will still end at some point.

"Until we know what the alternative product is, the worry continues.

"We expected a lot more detail [with the update] as this is more of a holding response from CMutual, but at least it is something where they recognise they cannot just walk away from the people affected.

"I may still need to raise this at parliamentary level if the resolution isn’t sufficient."

McAllister was also keen to praise Dalmuir Credit Union during the process.

He added: "Dalmuir Credit Union has been great in keeping its members updated on this situation.

"They have also held some public meetings, which have been very difficult as people are understandably anxious and angry."

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