Keane's Unclaimed Property Blog

Unclaimed Property (52 articles)

Customer Survey Results: Unclaimed Property Complaints Rare, Satisfaction High

Other News, Unclaimed Property

According to September 2011 survey results recently released by Keane, unclaimed property service quality is at the highest levels since the survey program was initiated in 2003. According to responses from more than 700 customers (specifically, the legal claimants that have used Keane’s asset recovery services) Keane received a 98% overall satisfaction rating. Further, 98% […]

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New Jersey Gift Card Law: Third Circuit Hears Oral Arguments

Abandoned Property Law, Gift Card Escheatment, State Escheatment, Unclaimed Property

On Monday, September 12, 2011, the Third Circuit United States Court of Appeals heard oral arguments in the case of New Jersey Retail Merchants Association v. Sidamon-Eristoff.  The litigation concerns the New Jersey gift card law passed in 2010 which, among other things, altered the unclaimed property jurisdictional priority rules for the reporting of gift cards in New […]

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Keane Rated #1 Asset Recovery Services Firm for Client Satisfaction

Other News, Unclaimed Property

Keane recently received advanced confirmation that we were rated the #1 lost shareholder and asset recovery services firm for the second year in a row by Group 5’s 2011 Shareholder Services Industry Satisfaction Report. Group Five is a Princeton, NJ-based consulting and corporate services research company. They conduct this annual study by surveying US corporate […]

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The Role of the Tax Department in Unclaimed Property Compliance

Abandoned Property, Compliance, Other News, Unclaimed Property

Tax professionals may not think that unclaimed property compliance falls within their department’s jurisdiction – however, more often than not, it does. Even though unclaimed property laws are not tax laws, they are close cousins. Unclaimed property looks like a tax because there is an annual filing requirement governed by state law. It also feels […]

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Unclaimed Property Compliance In the News: Bankers Digest & Accounting Today

Abandoned Property, Compliance, Unclaimed Property, Unclaimed Property Reporting

Keane consultants continue to lend their unclaimed property compliance expertise and advice to the media. This week, Bankers Digest included an article written by Valerie Jundt, the managing director of our Consulting & Advisory Services group. The article (click here to read), titled, “Financial Institutions Face Set of Regulations for Unclaimed Property,” discusses how financial […]

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