CMA to carry out further investigation of Funeral market

The Competition and Marketing Authority have announced that they will be undertaking an "in-depth" market investigation into the Funerals sector.

This follows the publication of its interim report in November 2018 and it's subsequent public consultation as reported on this site in early March. The CMA report that the vast majority of responses were positive but they still have their concerns over the effectiveness of competition. The investigation will focus on the supply of funeral and crematoria services.

A number of large companies responded to the investigation along with many members of the public. The responses from individuals can be read here on the CMA website. Individuals responding noted price discrepancies between crematoria, the practice of charging more to a non-resident, that the information provided on the GOV.UK website was poor, that restrictive practices were in place in certain creamtoria and that GP's shouldnt be charging for Death Certificates.

The CMA's headline concerns included the rising cost of funerals, the vulnerability of people when organising funerals, reluctance of some firms to publish clear pricing and the rise in Crematoria charges.

The investigation will further examine the concerns identified, the CMA has the power to make legally binding orders requiring changes be made. A group chaired by Martin Coleman will investigate. No date has been set for the panel to report back.

More on this can be read on the CMA website.

 


Statutory regulation for the Funeral Industry draws closer

As reported on the Funeral Service Times website, the National Association of Funeral Directors have given their backing to tighter regulation of the industry following the Competition and Marketing Authority's investigation into practice in the funeral industry.

However they oppose any form of price regulation as mentioned in the CMA's interim report last November, stating that "price caps will do nothing to assist funeral affordability for the poorest in society".

Read more in the article on the Funeral Service Times Website