UK investors lose track of £5.3bn worth of investments

22% of adults have lost or unclaimed assets

James Baxter-Derrington
clock • 2 min read

More than a fifth (22%) of UK adults believe they have lost track of one of their shares or investments, leaving an estimated £5.3bn worth of investments dormant, according to a new study by Gretel. Shares totalling £2.5bn owned by 2 million people are either lost or dormant, according to data from Intelliteq, which has developed Gretel as a free to use platform to help consumers track down their lost money. The research estimates that lost or dormant shares have cost investors an average value of £1,250 per consumer, while £2.8bn worth of wealth and investments are in the same situat...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login