Unlocking dormant assets means wealth managers can change lives

Dormant Assets Scheme has positive impact on society

The Dormant Assets Scheme has made a real difference to people's lives across the country, with half a billion pounds already unlocked for good causes since 2011.

Wealth managers and investment managers will have the opportunity to contribute to this scheme and change the lives of many more people. Since inception, the scheme has supported disadvantaged young people, enabled local charities to provide housing for families and vulnerable groups such as homeless people and those suffering with mental health issues, as well providing support for social enterprise.  Awakening assets  A dormant asset is one that a firm is unable to reunite with its beneficial, or rightful, owner. In 2008, the UK government passed the Dormant Bank and Building Soci...