Pensions - Articles - Its your money come and claim it


Responding the the Government's Dormant Assets Scheme Expansion Report, Andy Walker, Manager of Long-Term Savings Policy at the Association of British Insurers, said:

 “The ABI and our members have done a lot of work through our Gone-Aways Framework, and through supporting the creation of pensions dashboards, to help reconnect customers with their lost savings. The report is a positive step towards ensuring there is widespread best practice in efforts to find lost customers, and where it’s not possible to do so - support a number of good causes.

 “With an estimated £20 billion currently sitting in lost pensions, the message to customers is: It’s your money, come and claim it. This is an incredibly important initiative and since Government support is needed, we look forward to working together on its implementation.”

 We have also published a guest blog from the Scheme's Insurance and Pensions Industry Champion, Kirsty Cooper, which you can read here.  

Back to Index


Similar News to this Story

Wish list for the occupational pensions industry in 2025
As one year closes and another begins, it's an opportune moment to set our sights on the future. The UK occupational pensions industry faces nume
PSIG announces outcome of Consultation
The Pensions Scams Industry Group (PSIG), which was established in 2014 to help protect pension scheme members from scams, today announced the feedbac
Transfer values fell to a 12 month low during November
XPS Group’s Transfer Value Index reached a 12-month low, dropping to £151,000 during November 2024 before then recovering to its previous month-end po

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.