Skint? Try FundsReunited
Central registry for lost assets
Anyone who reckons that they may have cash lying about in the form of shares or life assurance policies - but can't find the paperwork - might like to try out FundsReunited.com.
Membership costs a fiver, and for £15 upwards, FundsRenuited will try to put you back in intimate contact with mislaid assets. The service has already reunited happy punters with £250,000 since its inception in May, and is now expanding its operation. According to FundsReunited's Simon Ford: “After an incredibly successful first four months we have expanded our service to encompass shares and life assurance to give people the widest possible options to search for their lost money. What we learnt from our customers who found money was that most of them had no idea that the money existed in the first place, even customers who had their finances in order. We are trying to raise awareness that this unclaimed money belongs to someone and we can help reunite them with it.”
The company says there's around £20bn of unclaimed wonga just lying around the UK waiting to be liberated. It also says that FundsReunited is "accessible for even those of us who are not internet savvy". Which is probably just as well, since the outfit gives the example of one woman from Buckinghamshire "who was reunited with £5,000 in a pension fund which was being held by her current bank but she knew nothing about!" The mind boggles.
So, if you invested £10k in shares and then hid them under your mattress and then threw the bed in a skip - FundsReunited can help. ®