top of page
Search

Dormant account expansion will unlock over £800 million for communities, says DCMS

Updated: Apr 6, 2022

Dormant assets across the insurance and pensions, investment, wealth management, and securities sectors are set to be unlocked, with the potential for more than £800 million to be made available for communities, the DCMS announced on 9 January 2021.


The expansion of the Dormant Assets Scheme follows a four-year review and public consultation process.


Oliver Dowden, Secretary of State for Digital, Culture, Media and Sport (DCMS), says:

“Expanding the scheme will mean hundreds of millions more for good causes, helping us to build back stronger in the years to come.”


Full announcement details here

15 views

Recent Posts

See All

New Board member wanted

We are recruiting a new non-executive director with experience of approaches to social impact evaluation. If you are interested contact Alastair Ballantyne for more information at aballantyne@oversigh

Comments


bottom of page