New service reconnects customers with lost or dormant financial services accounts

Life insurance lost & found

clock • 2 min read

Gretel estimates that 2.5 million people have lost a life insurance policy, with a total value of £2bn

Gretel, a new financial hub which helps financial organisations and their customers reconnect lost bank accounts, pensions, savings and investments, recently opened for consumers to pre-register their interest ahead of full launch. From an adviser's perspective, helping people track a lost life insurance policy, for example, provides the opportunity to review it and perhaps switch to one that's more appropriate, according to a spokesperson for Gretel. Gretel uses intelligent technology to see a customer's past financial path, identifying where they might have left money and then helping ...

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