Australia’s two largest funeral companies, InvoCare (IVC:ASX) and Propel Funeral Partners (PFP:ASX) will be watching closely for any fallout from an investigation into the UK funeral industry. The Competition and Markets Authority (CMA) has just announced a launch of an in-depth market investigation into the funeral sector. The competition watchdog says relatives and friends of someone who […]
AUSTRALIAN FUNERAL INDUSTRY INVESTIGATION IS OVERDUE
WILL YOU VIEW THE BODY BEFORE THE FUNERAL
Many families ask us if they can spend time with their loved one before the funeral service. Although this is a very personal decision and can feel quite confronting, it can be very important to help with the grieving process. What is a viewing? A ‘viewing’ is the word we use to describe seeing […]
KNOW YOUR RIGHTS TO A FAIR AND AFFORDABLE FUNERAL
Planning a funeral after the death of a loved one is a difficult time for everyone. For most of us, coping with death and planning a funeral is one of the most difficult things we will ever be asked to do. It can be a very emotional and difficult time. What makes it even harder […]
ARE INVOCARE SHARES ON SHAKY GROUND
Death and taxes may be guaranteed but the business of death is not. Australia’s largest funeral company, InvoCare (ASX:IVC), has recently reported “soft market conditions, namely, a lower number of deaths” impacted its bottom line 2018, but it has told investors the market is “normalising” and more Australians will probably die this year. InvoCare has […]
HOW TO AVOID ‘FUNERAL BILL SHOCK’
Australians are failing to shop around for funerals and it could be costing them thousands of dollars. Peter Erceg, Owner and Founder of eziFunerals says, “For too long people have used the services of the first funeral director they contact, but it’s time shop around if they have a fear of being ripped off,” he […]
AUSTRALIA’S LARGEST FUNERAL COMPANY RAISES $65 MILLION TO GROW MORE (AND MORE) MARKET SHARE
Australia’s largest publicly listed funeral company, InvoCare (ASX:IVC) has just announced the successful completion of its fully underwritten institutional placement by raising around $65 million through the issue of approximately 4.64 million new Shares at a price of $14.00 per new share. This is part of InvoCare’s aim to raise $85 million as it pursues […]