Gretel’s aims to make the process of finding unclaimed accounts easy, simple, and free for all consumers. These include investments, savings, bank accounts, pensions, and life insurance. The platform has built a technology-driven community that promotes engagement, fairness, and financial clarity, reuniting consumers with their financial assets all in one place.
Through this partnership, LifeSearch will be featured as one of Gretel’s recommended partners, providing Gretel members with additional educational content and access to LifeSearch’s team of expert advisers. These advisers will offer fee-free advice on protection insurance, ensuring customers are well-informed and adequately protected as they recover their financial assets.
Gretel customers will also benefit from LifeSearch’s expertise in building a ‘Plan B’ – a financial safety net to support them in the event of death, serious illness, accidents, or long-term sickness. This partnership aims to boost customers’ financial confidence and resilience by offering tailored advice and educational resources.
Justin Harper, CMO at LifeSearch, commented: “We’re excited to partner with Gretel to support those customers who, after locating their financial assets, want to feel more confident about their financial resilience. As people are seeking and reunited with lost financial assets – particularly their life insurance policies – it’s an ideal time to help people understand what they’ve got and ensure they’re financially prepared for what fate might throw at them.”
“We look forward to the future of our partnership and what we can implement to continue bettering customers’ experience when finding their lost financial assets, and to helping build their financial resilience,” Harper added.
Duncan Stevens, CEO Gretel, added, “Over 28 million accounts with a combined value of £89 billion have been lost or forgotten in the UK. At Gretel, we believe it should be easy for people to find and recover money that is due to them. We’re on a mission to help our members to locate and recover assets and empower them to feel more in charge of their financial lives and futures.
“Our partnership with LifeSearch will further bolster our customers’ experience using our services, not only through providing a range of protection but also by offering education to ultimately fuel their financial confidence. We are confident this partnership will continue to clear the mist surrounding protection and strengthen their financial resilience,” Stevens said.
