Did you know about the hundreds of millions of pounds sat quietly in ‘lost’ bank accounts and ‘lost’ pension savings?
Over the years people can hold different bank accounts or savings accounts, which are rarely fully closed and can often have funds still in them.
Back in 2008, a website was launched to help everyone find any lost bank or building accounts and National Savings products, such as premium bonds. The ‘My Lost Account’ website offered a FREE search facility to connect people to their lost savings.
Despite more than 300,000 people using the service and it returning £645 million to their original owners, this great service still remains unknown. If you, or anyone you know, may have an old lost account then simply follow the link to the website and use the FREE facility to reclaim your money and savings.
In a similar fashion, it is possible to trace pensions using the Department of Work and Pensions website.
It is important though to be wary when tracing important information as there are many sharks and predatory sites looking to prey on those searching for lost moneys. Therefore I would recommend only using the DWP pension tracing site which can be found by clicking here… https://www2.dwp.gov.uk/tps-directgov/en/contact-tps/pension-tracing-form.asp
Ultimately the government and insurance companies will use any unclaimed funds as they try to tap into the billions of these ‘orphaned’ assets, so it is important that everyone reclaims their savings.
Once you have done so, contact Platinum and we’ll advise you what to do with your windfall!