What are lost assets?
A lost asset is a broad term and can mean anything from funds in a bank account, to stocks and shares, pensions and National Savings & Investments. Assets are most often lost or forgotten when people move home or change job and lose documents or when an account is set up by one person for someone else. Assets can also be lost when someone dies and there is no record of the investment held in the possessions of the deceased.
It is estimated that there is up to £20 billion of lost assets lying dormant in UK financial institutions. For over 20 years ProSearch has been successfully helping its clients to recover all ranges of lost assets.
Did you know:
- Over 2 Million people move house every year
- Over 600,000 people die in the United Kingdom every year
ProSearch has returned assets, with a value in excess of £620 million to their rightful owners, or to the executors and beneficiaries of deceased estates.