Notify Investment shareholdings
How long will it take for the shareholding registrar to stop sending mail in the name of the person who died?
Most companies take up to 6 weeks to update their systems. Unfortunately, timeframes are set by each organisation, and Settld does not have direct control over this process. Wherever possible, Settld works with companies to provide a better bereavement service, so please let us know if problems persist and we will flag this to the Bank for you.
Should I send the sell/transfer form to Settld or to the shareholding registrar?
You will need to send the sell/transfer form to the shareholding registrar directly. For privacy and security reasons, Settld cannot do this for you. However, we may be able to help you fill the form.
I want to use Settld on behalf of the next of kin – is this possible?
Yes. The Settld form will ask for consent from the next of kin. They will be asked to sign a short form, saying that they are happy for you to act on their behalf. Settld will not be able to notify any companies, without this information.
What if there is no will – can I still use Settld?
Yes. However, if there is no will, most shareholding registrars will ask a “Next of Kin” to act on behalf of the person who died. Please check who the immediate next of kin should be here, as per the rules of Intestacy.