Four industry 'champions' have been selected by the government to expand the dormant assets scheme across financial sectors.
Dormant asset scheme bank or building society accounts that have been left completely untouched for more than 15 years can be used for good causes - providing appropriate efforts have been made to trace an account holder. The four champions will work with the banking, securities, pensions, insurance, wealth management and investment sectors in a bid to increase the amount of assets that can be released for good causes. The investment and wealth sectors will be represented by strategic adviser to M&G William Nott (pictured), while Aviva group general counsel and company secretary Kirst...
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