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Dormant assets worth up to £1 billion set to revolutionaise charity funding


A commission, launched on the 19 December 2015 will be tasked with unlocking billions of pounds worth of dormant assets, such as stocks and shares that have been untouched for more than 15 years. The funds collected will go to a number of good causes in a scheme that is set to be similar to that used by the Big Lottery Fund for dormant bank accounts. Over the next year, the independent Dormant Assets Commission will identify new pools of unclaimed assets which might include stocks, shares, pensions and bonds. To read the full press release click the link.

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