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Everyone likes to be organised and in our day to day lives most people are.
Are your everyday documents well organised?
£3 billion
in pension benefits have gone unclaimed
If you believe you are entitled to collect unclaimed pension benefits from an occupational or personal pension scheme, the Pension Tracing Service may be of assistance.
source: unclaimedassets
£200 billion
in lost assets
- £1bn in lost FTSE 100 shares and dividends
- £60m in unclaimed premium bonds dating back to the Fifties
Don’t worry, the state benefits from your loss. A state raid on forgotten pensions, investments and insurance payouts will “unlock” £800m to be put towards charities and communities as the country recovers from coronavirus.
Reported by The Telegraph
£12 million
NS&I children’s bonds unclaimed last year
These five-year bonds were discontinued in September 2017. Matured bonds are transferred to NS&I’s ‘residual account’ – earning just 0.1 per cent a year. Trace a lost Childrens Bond or Childrens Bonus Bond at: Bond Search
source: unclaimedassets
£102 billion
lost bitcoin investments
Of the existing 18.5 million Bitcoin, around 20 percent — currently worth around $140 billion — appear to be in lost or otherwise stranded wallets, according to the cryptocurrency data firm Chainalysis. Wallet Recovery Services, a business that helps find lost digital keys, said it had received 70 requests a day from people who wanted help recovering their riches, three times the number of a month ago.
Jan. 13, 2021 NY Times
£600,000
in forgotten child trust funds
These tax free accounts were set up with a £250 government bonus for children born between September 2002 and January 2011. One million CTFs were classified as ‘addressee gone away’.
source: unclaimedassets
£5.3 billion
UK investors lose track of investments
More than a fifth (22%) of UK adults believe they have lost track of one of their shares or investments, leaving an estimated £5.3bn worth of investments dormant, according to a new study by Gretel.
Shares totalling £2.5bn owned by 2 million people are either lost or dormant, according to data from Intelliteq, which has developed Gretel as a free to use platform to help consumers track down their lost money.
The research estimates that lost or dormant shares have cost investors an average value of £1,250 per consumer, while £2.8bn worth of wealth and investments are in the same situation for 1m investors, an average of £2,800 each.
source: internationalinvestment
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