Please pass on to your
family, friends and colleagues
UPDATE
UPDATE
- Pensions
– company or personal
- Insurance
Policies
- Bank
Accounts
- Building
Society savings
- Premium
Bonds
- Shares
- Inheritances
The major cause of people being parted from their accounts and other assets is CHANGE OF ADDRESS, this makes this a very important topic for EXPATS
A few straightforward checks can be extremely
valuable
One of the most obvious
sources of lost accounts is banks and building societies. For those of you who
have moved, especially to another country, it is easy to forget an old account.
If you have lost accounts or think you may have unclaimed assets, as long as
you can identify yourself, you can reclaim your
money.
Financial institutions have
literally billions of pounds in
unclaimed assets, waiting for their rightful owners to collect. Did you know
that uncollected inheritances, in the UK , go to the HM Treasury?
If you have pensions you
cannot trace, then a financial adviser may be able to help. Many companies have
been taken over or merged and can be difficult to trace. I will recommend a
regulated adviser if you email
me. Finding a lost pension plan could be valuable but equally if it is said to
be ‘trivial’ you may get the benefit in
cash
The same is also true about
life assurance. It’s amazing how many ‘household’ names of a few years ago no
longer exist. You might even benefit from a deceased relative but you don’t
know you’re a beneficiary and the Life Company doesn’t know you exist.
National Savings &
Investments (NS&I) is a UK Government company which, amongst other things,
runs Premium Bonds. They recently
carried out a survey of people which found that the main reason for claims,
after the event, was change of address.
It’s easy to forget one or two items, when moving house or emigrating!
Just as it’s easy to forget,
it’s also easy to trace & claim.
I can give you four sources
where you can look, that I have checked;
There are more that I am aware of but most also have charges, including one below
There are more that I am aware of but most also have charges, including one below
- www.uar.co.uk (Try this last as there may be a
charge)
What’s more you
could be doing your family, friends and neighbours a great favour by passing on
this information. You just never know……….
David Goodall
Financial Pages in Spain
Additional Reading
