One of America's largest companies which reunites investors with their lost investments has launched in the UK to tap into the estimated £70bn of unclaimed financial assets.
The vast majority of the unclaimed assets for UK investors currently sit within life and pension policies although a growing number are in the funds industry. Boston-based Unclaimed Property Recovery & Reporting (UPRR) has established a separate company in London called Rightful Owners which offers investors a free service to trace lost assets. Once it has found the asset, the investors can choose to deal directly with the product provider or use Rightful Owners to reclaim the asset for a fee of between 10% and 20% of the current value. Rightful Owners believes that experience from...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
