THE CHRISTMAS PREPAYMENT ASSOCIATION LIMITED

The Christmas Prepayment Association Limited (CPA) is a trade association representing the Christmas savings sector in the United Kingdom. Its primary mission is to protect the money saved by consumers in Christmas prepayment schemes offered by its members. The CPA operates a Code of Practice that all members must adhere to, which includes requirements for safeguarding customer prepayments in independent trust accounts, separate from the company's own funds. This ensures that in the event of a member company failing, customers' savings are secure and can be returned. The association works to build consumer confidence and provide a safe framework for the industry.