We’d like to ask for a few minutes of your time to respond to two important funeral related consultations.
The first is the Funeral Market Study by the Competition and Markets Authority. This forms part of a year long study into the state of the British funeral market which will examine how competition between funeral directors works and transparency issues in the provision of funerals, and will also look at competition in the crematoria segment of the industry.
For anyone who has an opinion on transparency of ownership or pricing of funerals, it is important that your voice is added to the responses that will be received. You can download the CMA Statement of Scope here. Responses are requested by June 28th 2018.
The second, parallel consultation is the Government’s Call for Evidence to aid in the design for a more appropriate regulatory framework for the pre-paid funeral plan sector. The government is particularly interested in views from all affected stakeholders, including funeral plan providers, funeral directors, insurers, asset managers, introducers, actuaries, solicitors, and consumer interest groups. The consultation document can be downloaded here. The consultation closes on August 1st 2018.
We’ve waited a long time for the government to show some interest in the funeral industry, so let’s make sure that the voices that are heard are telling them what is actually happening.