Unified death reporting is the need of the hour

The white paper, when fully implemented, will improve the ease of living index considerably for the families of deceased investors

During the darkest days of the Covid nightmare, a senior professional working for a large company passed away suddenly. He had left no will and his spouse had no idea about the financial investments he had made. His son reached out to me for help in discovering those assets and getting them transmitted to his mother.

Fortunately, discovering the investments made in mutual fund schemes and shares did not prove very difficult. The son had access to his father’s personal email, where he found a statement from the Central Depository Services Limited (CDSL). It contained all the details of the