129 Stress-free account closures after a loved one’s death, with Vicky Wilson of Settld

When someone dies, they can leave behind around 15-20 accounts to be closed. The closure of these accounts becomes the responsibility of the loved ones left behind, meaning that while they grieve for the person lost, they also have to face the painful and stressful account closure process. Vicky Wilson and her mother spent a total of 6 weeks trying to close down her grandmother’s accounts after she passed away in 2019. Having repeated the phrase “my grandmother’s dead” countless times, Vicky realised there was a gap in the market. So, she and her mother founded Settld, a free private sector “Tell Us Once” service that aims to save other families from facing the same unnecessary difficulties, as they communicate with over 750 private companies on your behalf. In our conversation, Vicky talks about the amazing work she and her team at Settld are doing to help those grieving close their loved one’s accounts. She also explains what bereavement standards are, and why industries should be working together to standardise the bereavement process.

Om Podcasten

The transition into retirement isn't purely a financial event, it's so much more. It's one of those life-changing events that requires you to plan and to adapt. Full of information, tips and guidance, The Retirement Café personal finance Podcast helps you address the challenges and opportunities that arise so you can live a fulfilling retirement. Your host is Justin King, a Chartered Financial Planner and Accredited Later Life Adviser. Contact Justin at hello@theretirementcafe.co.uk with any comments or questions or get in touch on Twitter @JustinKingCFP.