Golden Charter - Smart Planning for Later Life
Golden Charter - Smart Planning for Later Life

The cost of dying the UK rose by 1.2%* from 2016 to 2017. This is a 52%* total increase on the average cost in 2007. This cost covers the amount spent on the funeral service, the send off, and legal expenses and fees

*SunLife Cost of Dying Report 2017

How much does a funeral cost?

In 2017, the average cost of a basic funeral was £4,078*. This is the average cost of organising a funeral directly with a funeral director.

 

Funeral director’s fees make up the majority of the £4,078 figure, averaging at £2,491*. The rest of this figure is made up of the burial or cremation cost, with the average cost of a cremation being £791, and burial totalling £2,059*. The final cost can vary on factors including where you live, the funeral director, and how much you spend on each optional costs, such as venue hire, catering, the headstone, flowers, and limousines

 

Since 2004, this cost has risen by 103%. Golden Charter have estimated that if funeral costs continue to rise at the same rate year on year, the average cost of a funeral will be £7,049 by 2026.  

*SunLife Cost of Dying Report 2017

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Additional funeral service costs

Along with the funeral director and cremation or burial fees, some people choose to pay for additional services for the ceremony.

 

Research has found that these extras can cost up to £1,928*

*SunLife Cost of Dying Report 2017

Dealing with legal expenses and fees 

Golden Charter - Smart Planning for Later Life

Many people put aside money for their funeral, whether that’s in the form of a funeral plan, savings and investments. It’s important to talk about funeral arrangements with your loved ones so you know what provisions are in place, and what their wishes for their funeral service are. If the deceased does have a funeral plan, the funeral directors services included in the plan will be guaranteed. Some funeral plans offer an allowance for third party costs , such as cremation or burial fees, so make sure you fully check what’s included.

Golden Charter
Golden Charter

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