The Competition and Markets Authority’s (CMA) market study will examine whether the information provided by funeral directors on prices and services is clear enough for people to be able to choose the best option for them.
It will also look at how prices have changed over time and the factors that affect them.
The average cost of a funeral was nearly £3,800 in 2017 – not counting extras that can add another £2000 to the total bill. Affordability and debt can therefore be a real concern to many people, with those on the lowest incomes potentially spending up to one third of their annual income on a funeral.
(Source CMA https://www.gov.uk/government/news/cma-investigates-funerals-sector)