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Alliance & Leicester and TSB shares

Poppy9
Poppy9 Posts: 18,833 Forumite
Part of the Furniture 10,000 Posts Combo Breaker
edited 24 June 2020 at 11:57PM in Savings & investments

I've just been given a box that has share statements for above .  
Alliance & Leicester 
There are 3 statements for high risk, extra interest and ordinary share.  

They are from 1988-90.  My father died 1990.  My eldest sister dealt with his estate but she has also died and I'm not sure if these shares were known about at the time . 

How can I find out what happened to them ?

TSB 
Acceptance for for 200 ordinary shares dated Oct 1986.  My mother died in 1988
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Comments

  • eskbanker
    eskbanker Posts: 36,928 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Alliance & Leicester shareholders would have become Santander ones when the business was bought in 2008, and likewise TSB was subsumed into Lloyds in the 1990s (ignore the subsequent creation of the current TSB entity).

    Contact the share registrars for each, linked from the investor relations pages of their websites, to find out if your parents are still registered shareholders....
  • Old_Lifer
    Old_Lifer Posts: 780 Forumite
    500 Posts Second Anniversary
    Alliance  & Leicester  was  still a building society in 1990.    Confusingly, building society savings accounts were ofter called 'share' accounts.   Building societies did issue  PIBS  (Permanent Interest Bearing Shares).
  • wmb194
    wmb194 Posts: 4,761 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 25 June 2020 at 9:50AM
    I agree, particularly as A&L demutualised in 1997, these sound more like savings accounts and perhaps the "high risk" account was a stock market investment account? Even today some of the smaller building societies still refer to their accounts as 'share' accounts.
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