n Personal Finance Newsletter - A lifelong right to what is legally yours : a new standard on how unclaimed assets should be treated while they are being held
|Article Title||A lifelong right to what is legally yours : a new standard on how unclaimed assets should be treated while they are being held|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||Feb 2013|
|Pages||8 - 9|
Everyone dreams about being nominated as a beneficiary bya long-lost aunt. While this may be a pipe-dream for most, for life companies and other financial service providers the issue of lost beneficiaries is a bit of a headache. What happens if you cannot find the rightful beneficiary of anasset - a life insurance policy, an investment product like anendowment, or even a bank account?
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