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Ireland · Question · written

PQ 166

163 Mr. Bruton asked the Minister for Finance the requirements under dormant accounts legislation on life companies to contact the policyholders in respect of single premium investment bonds which have a distant maturity date; and if his attention has been drawn to the complaints that the standard format of communication would encourage many individuals to encash their policies; and if he will make a statement on the appropriateness of the procedures coming into operation ahead of the maturity date of the policy. [5884/05]

askedIreland· Dáil Éireann· EN

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22 February 2005

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written

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22 February 2005

Summary

163 Mr. Bruton asked the Minister for Finance the requirements under dormant accounts legislation on life companies to contact the policyholders in respect of single premium investment bonds which have a distant maturity date; and if his attention has been drawn to the complaints that the standard format of communication would encourage many individuals to encash their policies; and if he will make a statement on the appropriateness of the procedures coming into operation ahead of the maturity date of the policy. [5884/05]

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Dormant Accounts Fund.

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