Are banks building societies and other financial institutions obliged to keep records of savings and investments indefinitely ?
For example if you are dealing with the estate of a deceased can you ask the various institutions for details of all accounts and investments that that person had that was not closed by the deceased ,?
I know from experience that the inland revenue can interrogate your books for up to six years and I think monies left without a will are kept for 10/15 years ?, before Boris gets it, but I think that companies,societies,etc.are obliged ,until instructed by a power of attorney,to retain all matter pertaining to the name.?