NU returns £10m to savers

Last year, the insurer revealed it has £40m of assets that have not been claimed by around 40,000 customers. The firm appointed Assets Reunited, a dedicated tracing agency, to find customers who have not claimed their cash and is now returning around £1m a month. Assets often go unclaimed because customers have lost their policy documents or have changed address without notifying the companies involved. So far, 3,500 customers have had their cash returned to them, with a further 10,000 currently being processed. Overall, NU has found the original owners of £35m worth of policies. "Th...