Investment Association's new service aims to reunite investors with lost assets

IA to reunite people with lost monies

Eve Maddock-Jones
clock • 2 min read

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 Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Industry

Reeves to create LGPS and DC 'megafunds' in Mansion House growth bid

Reeves to create LGPS and DC 'megafunds' in Mansion House growth bid

‘Biggest pension reforms in decades’

Martin Richmond
clock 14 November 2024 • 3 min read
Effectiveness of Labour's immediate CGT hike under question

Effectiveness of Labour's immediate CGT hike under question

Autumn Budget 2024

Jen Frost
clock 06 November 2024 • 3 min read
What to expect at the upcoming Autumn Budget

What to expect at the upcoming Autumn Budget

Round-up of potential reforms

Investment Week
clock 25 October 2024 • 1 min read
Trustpilot