The Investment Association (IA) is collaborating with fintech platform Gretel to reunite investors with up to £780m worth of lost assets.
The IA Unclaimed Assets Portal will be powered by Gretel, a fintech start-up which aims to help savers access their pensions, insurance, savings and investments via a one-stop-shop and help investors find their missing assets. Gretel's free service went live just last month. In a statement, the IA said it was urging people to register to the platform if they suspect they may have lost an investment over the years. This comes after the Dormant Assets Bill passed in February, which will release around £800m from dormant funds from insurance, pensions, investment and wealth management, a...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes