The Financial Times reports there is a “sea of unclaimed assets sloshing around the financial system,” very conservatively estimated to be worth £77 billion! Assets are considered dormant when contact with the owner is lost – typically due to a name change after marriage or divorce, an unreported change of address or expired postal forwarding… Click Here to Read More
Halifax / Bank of Scotland Dormant Accounts
HBOS plc was established in 2001 as a result of the merger between Bank of Scotland and Halifax plc. If had an account with a bank or building society that is now part of Halifax or Bank of Scotland, including: North Brierley Equitable, Alford & District Investment Benefit, Braintree & Bocking, Yarmouth & Gorleston, Hull,… Click Here to Read More
National Savings and Investments Tracing Service
£1.8bn in lost investments that can be searched by National Savings and Investments include: British Savings Bonds Capital Bonds Children’s Bonus Bonds Deposit Bonds FIRST Option Bonds Fixed Rate Savings Bonds Income Bonds Investment Accounts ISA or Direct ISA Ordinary Account Pensioner’s Bonds Premium Bonds Save As You Earn Savings Certificates Yearly Plans Post Office… Click Here to Read More
NS&I National Savings Unclaimed Premium Bond Prizes
NS&I (National Savings and Investments) is one of the largest savings organisations in the UK, with over 26 million customers and more than £100 billion invested. NS&I separated from the Post Office Savings Bank in 1969, becoming National Savings. In 1996, it became an Executive Agency of the Chancellor of the Exchequer. £1.8bn in lost… Click Here to Read More
BSA – Building Societies Association Lost Accounts
A building society offers savings accounts and mortgages as its primary business. They are mutual institutions, meaning those with savings accounts or mortgages also enjoy an ownership interest. Note because of this ownership interest and the fact many building societies have recently demutualised, account owners may be entitled to receive a windfall in the form… Click Here to Read More
BBA – British Bankers Association Dormant Accounts
An estimated £15bn is held in dormant bank and building society accounts, according to BBC reports. An account is considered dormant when a bank or building society loses contact with the account holder for a period of years. The BBAmaintains a record of dormant accounts in perpetuity. The account holder retains ownership of the dormant account,… Click Here to Read More