Equiniti builds Death Notification Service for financial services industry

Equiniti builds Death Notification Service for financial services industry

13 June 2018

Equiniti partners with UK Finance and six major financial institutions to create a Death Notification Service, aiming to ease the burden on bereaved families

Equiniti is pleased to announce that a new service enabling people to report the death of an individual to several major financial services providers at the same time launches today.

The free, online Death Notification Service is available to anyone who wishes to notify, in a single step, one or more member organisations that a customer has died.

The gateway service aims to make the process easier for those who have suffered a bereavement by relieving the stress and burden around repeated notifications and enabling them to manage these at a time that is convenient.

Once the online form is completed the selected financial institutions will then contact the notifier to inform them of the next steps.

Guy Wakeley, CEO of Equiniti, commented:

We are delighted that the Death Notification Service has now launched and believe it will fundamentally change – for the better – the manner in which bereavements are dealt among financial services institutions. The industry is right to look at ways to increase the levels of support for those dealing with difficult circumstances, and the simplicity that this service provides addresses this issue head on. 

I am very proud of my team for assisting UK Finance and these six banks in pioneering this service. We have worked incredibly hard to create the best possible proposition and we will continue to identify ways in which the service can be streamlined for financial services and rolled out into other sectors.

ENDS

For more information:

Temple Bar Advisory

William Barker / Sam Livingstone
Tel: 078 2796 0151 / 077 6965 5437
Email: williamb@templebaradvisory.com / saml@templebaradvisory.com

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