Dormant asset scheme to be expanded beyond bank accounts

Insurance, pension and investment assets to be shifted to Reclaim Fund and could aid Covid relief efforts Savers who have lost track of pension and investment funds will have their money used for charitable causes that could aid Covid recovery efforts under government plans to expand its dormant asset scheme beyond bank accounts. The Reclaim Fund was established in 2011 to distribute the cash from bank and building society accounts that were left unclaimed for at least 15 years. It came after banks were Read full story