Vestigium Services Limited was founded and is headed by CEO, Paul Aggett

Paul Aggett brings a wealth or experience from his extensive career in the Financial Services Industry at executive level. Paul and his anchor clients share the belief that going further to locate ‘gone away’ customers not only meets the Financial Conduct Authority’s principle of ‘Treating Customers Fairly’, but will lead to more opportunities for Financial Services companies, ultimately helping to re-build consumer trust in Financial Services Industry.

‘Gone away’ customers include those who have moved address, but also those who are deceased. Dependants and beneficiaries are in many instances not receiving their entitlements to accounts or under Life Policies as in many cases they are not aware of their entitlement.

The Financial Times quoted a ‘vast sea of unclaimed assets’ across the industry.

The ABI’s release into lost pensions (2018) detailed that there is likely £20 Billion aggregate value in lost pensions alone. This is a staggering 50 times the previous estimate of £400 Million.

Vestigium, agreeing with the FCA analysis for Pensions, tables a reserved estimate of at least £40bn aggregate value of lost assets across the whole Financial Services Industry. Re-uniting even a portion of this figure will have significant benefit for the general population and the UK Economy.

Locating ‘gone away’ customers has been an historic stumbling block for the Financial Services Industry, with efforts confined to ‘digital search and matching’ leading to vast numbers of legacy ‘gone aways’ and deceased customers residing continually on the books of Financial Institutions.

Movements by the regulator, and media releases by representative bodies such as the ABI, have led to greater scrutiny into this issue, meaning institutions are now looking to make serious in-roads to their ‘gone away’ population.

Paul firmly believes in the “do it right, do it once” adage, which underpins Vestigium’s work, and staff ethos.

For Financial Institutions, Vestigium treats the root cause of ‘gone aways’ whilst at the same time providing a cost-effective tracing service, with a high discovery rate.

Our Team

Chris Little

Chris, following a career in reinsurance and life insurance, formed Century Group in 1983 building a significant Life Assurance Company by acquiring 19 moribund insurance companies as well as creating an outsourcing administration company. The outsourcing company was sold to Deloitte and Touch in 2003 and the Life Assurance company to Britannic in 2005 which itself was then sold to Phoenix. Subsequently, Chris served as Non-Executive Chairman on a number of Boards including 10 years with Abbey Life whilst it was owned by Deutsche Bank and Aberdeen Life Assurance Company Ltd.
Currently Chris chairs; GLD UK Ltd, a joint venture direct marketing companies with Swiss Re selling insurance products, Standard Aberdeen Luxembourg SICAV’s with assets under management of over £100 billion, Entier, a catering company servicing offshore oil rigs, support vessels, and onshore events, and, the charity Sir Max Aitken Trust which is based in Cowes, as well as Vestigium Services.

Julie Pallister

Julie Pallister joined Vestigium Services as a Director in August 2020. Responsible for developing the life and pensions business for the company and an actuary by background, Julie has spent over 35 years in the life insurance industry at Century Life, XL Re and PwC.
Julie brings a vast array of experience to the team, including the use of tracing for annuitants to reduce liabilities, and in Part VII's and Schemes of Arrangement for voting and notifications, as well as in justifying reduced actuarial liabilities for certain lines of business.

Andrew Davies

Andrew has been working with Vestigium Services since its inception. His role sees him mostly providing a point of contact and wrap-around service for Vetigium’s Blue Chip client base, and Vestigium’s potential clients.
Andrew has an in-depth knowledge of the services Vestigium provides and an understanding of how best to integrate these services with the varying systems and operating procedures which Financial Institutions employ. Andrew is highly versed with seamlessly handling aspects of the results provided by Vestigium, and the technical and information security implications that come inherently with these types of project.

Our Team

Chris Little
Chris, following a career in reinsurance and life insurance, formed Century Group in 1983 building a significant Life Assurance Company by acquiring 19 moribund insurance companies as well as creating an outsourcing administration company. The outsourcing company was sold to Deloitte and Touch in 2003 and the Life Assurance company to Britannic in 2005 which itself was then sold to Phoenix. Subsequently Chris has served as Non-Executive Chairman on a number of Boards including 10 years with Abbey Life whilst it was owned by Deutsche Bank and Aberdeen Life Assurance Company Ltd. Currently he chairs; GLD UK Ltd, a joint venture direct marketing companies with Swiss Re selling insurance products, Standard Aberdeen Luxembourg SICAV’s with assets under management of over £100 billion, Entier, a catering company servicing offshore oil rigs, support vessels, and onshore events, and, the charity Sir Max Aitken Trust which is based in Cowes, as well as Vestigium.
Julie Pallister
Director
Vestigium Services is pleased to announce that Julie Pallister has joined the team as a Director responsible for developing the life and pensions business for the company. An actuary by background, Julie has spent over 35 years in the life insurance industry at Century Life, XL Re and PwC. She brings with her experience in the use of tracing for annuitants to reduce liabilities, and in Part VII's and Schemes of Arrangement for voting and notifications, as well as in justifying reduced actuarial liabilities for certain lines of business
Andrew Davies
Andrew has been working with Vestigium Services since its inception. His role sees him mostly providing a point of contact and wrap-around service for Vestigium’s Blue Chip client base, and, Vestigium’s potential clients. Andrew has an in depth knowledge of the services Vestigium provides and an understanding of how best to integrate these services with the varying systems and operating procedures which Financial Institutions employ; from both the aspects of the results provided by Vestigium, and, the technical and information security implications that come inherently with these types of project.
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