Important Notice

At a Special General Meeting of the Society held on 16 November, members voted to transfer the Society’s engagements to the Rechabite Friendly Society Limited (trading as Healthy Investment) in accordance with the provisions of the Friendly Societies Act 1992 (“the Act”). This means that Healthy Investment will become the insurers under policies issued by Red Rose in place of Red Rose and Red Rose will be dissolved. The Transfer is expected to take place on 31 January 2025. Full details of the Transfer can be obtained from the Society by emailing info@redroseassurance.co.uk or telephoning 01254 222700.

If you wish to make representations about the transfer you can contact the Prudential Regulation Authority (“the PRA”), which is the “appropriate authority” to confirm the Transfer under the Act, by emailing PRASecretariat-Representations@bankofengland.co.uk on or before 31 December 2024. Further details of the representation process are on the official notice of the Society’s application for confirmation of the Transfer which can be seen by clicking here.

The PRA have informed us that they intend to make a decision whether or not to confirm the Transfer on 24 January 2025. If you wish to make representations about the Transfer, but miss the closing date for emailing the PRA on 31 December, please make your representations directly to the Society before 24 January and we will ensure that they are passed on to the PRA.