We all move on but savings are savings. Pro-Search can reunite your employees, and leavers, with savings they have forgotten.
Every UK public company faces the costs and challenges of managing their registers and records. Since new banking regulations have come into effect, regarding unclaimed assets, other areas of the financial industry have been turning their attention to their own approach to this industry-wide concern.
Keeping track of savers is a challenge; especially if they are no longer current employees. There is, however, much that we can do to help you proactively re-unite such individuals with their savings. Improving the accuracy of your register and records will help the efficiency of managing these registers. You, in turn, will save money.
Quite often employees will join and participate in a Sharesave or SAYE scheme but will not always be fully aware of the scheme’s terms. Leavers don’t always notify the company and maturities can not be successfully exercised. And, of course, participants do also die leaving little information for the estate.
As innovative industry leaders we are able to offer a bespoke offering to you and your customers. Essentially we identify assets, trace their owners, and give back control of these funds. Elements of the process, which you can select depending on your needs, are as follows:
For further details of our services, or to discuss your company’s specific requirements, please contact us or download our brochure.
Head of Asset Reunification
22 St Johns Hill
T +44 (0)1732 748 154
M +44 (0)7843 228 988