• Tuesday, April 23, 2024

HEADLINE STORY

Watchdog investigates as Asian funeral services explain high costs

DEATH DUTIES: Cemetery charges and optional extras such as flowers are among the factors driving up costs, funeral directors say

By: Lauren Codling

by LAUREN CODLING ASIAN funeral directors have explained a rise in the costs of the facilities and services they offer, as it was announced that the UK funerals industry was under investigation for high fees. Last month, after finding that prices had risen three times above inflation for more than a decade, the Competition and Markets Authority (CMA) said it would launch an investigation into the £2 billion-a-year funerals market for prices it deemed unjustifiable. According to estimates, an average funeral costs £4,271 (excluding discretionary items), an increase of 68 per cent over the past 10 years. The average cremation…

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