Aboriginal Community Benefit Fund (Youpla) in Liquidation

⚠️ Youpla (formerly trading as Aboriginal Community Benefit Fund or ACBF) funeral insurers have gone into liquidation ⚠️

This is going to have a HUGE financial impact on thousands of First Nations People – with CAWLS already seeing clients who have been affected 😥

People who thought that they were doing the right thing by their families by not leaving the burden of funeral costs on them, have now been left in the dark… not to mention the stress of no longer having that piece of mind 😟

There is no certainty for people wanting to recover any money that has been paid into the failed funds.

🏦 If you do have a policy with ACBF or YOUPLA, you need to go to your bank and cancel this policy immediately ❌

☎️ If you are having trouble cancelling your direct debit, contact CAWLS for a Financial Counselling Appointment for assistance.

ℹ️ For more information, visit ➡️ financialrights.org.au/acbf

🖱️ Read the ABC News‘s coverage via ➡️ www.abc.net.au/news/2022-03-16/all-youpla-acbf-funds-in-liquidation-call-on-government-step-up/100907774