Find unclaimed assets Tracing well-hidden assets

The Unclaimed Assets Register

For £25, you can search the Unclaimed Assets Register (UAR) – a database of more than three million unclaimed life policies, pensions, unit trust holdings and share dividends from around 80 companies.

What to do

You’ll just need your current name and address and any previous ones. You can also search on behalf of someone else, provided you’re legally entitled to do so. You can check which companies supply information on the website.

For your £25, a search of the whole database is conducted, and where a match occurs you’ll be given details of the provider and how to contact them. Successful searches reunite people with an average of £6,000.

Although having to pay for this service isn’t ideal, this search does help you to look for some of the products that are harder to track down, and is particularly useful if you don’t have any details of the investment or policy. If your search isn’t successful, that doesn’t mean you have no unclaimed assets, just that you have none with the companies who have provided details to UAR.

Checklist

Tracing your lost cash – in figures

  • 25,000 - The number of successful traces on mylostaccount.org.uk for NS&I products in its first six months

  • 64,852 - The number of pensions traced by the Pension Tracing Service in 2007

  • 140,000 - The number of people who have searched for their lost bank, building society and NS&I accounts on mylostaccount.org.uk in its first seven months

  • £6,000 - The average amount that the Unclaimed Assets Register reunites people with

  • £31 million - The amount in unclaimed premium bond prizes (there are 500,000 unclaimed prizes)

  • £25,000 - Largest unclaimed premium bond prize

  • £1 billion - The total unclaimed money in NS&I products (excluding premium bonds)

  • £400 million - The amount of unclaimed money in bank and building society accounts

  • £20 billion - The estimated amount of unclaimed assets

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