Dave Eaton, Policy and Public Affairs Assistant, ILC-UK said:
‘The International Longevity Centre – UK (ILC-UK) welcomes the Work and Pensions Select Committee’s inquiry into support for the bereaved. After decades of the numbers of deaths in the UK falling, 2015 marked a ‘tipping point’ where the historic trend started to reverse: as the oldest of the babyboomer generation move through their later years, deaths are expected to rise by 20% .
As our 2015 report ‘The Funeral Time Bomb’ commissioned by mutual OneFamily found that funeral debt (where money has been borrowed to cover the cost of a funeral) in the UK could reach a quarter of a billion pounds in less than 20 years, we welcome the Committee’s call to raise the maximum Social Fund Funeral Payment to the price of a ‘simple funeral’.
However, our report also found that the price of a simple funeral could rise to £5226 by 2020. As more than half of UK households have less than £3000 in savings , we would urge the Department for Work and Pensions to consider carefully how it can support people during such extremely difficult periods’.
Dave Eaton (email@example.com) on 07531 164 886.
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