The Dormant Assets Scheme, led by the Department for Digital, Culture, Media & Sport, recycles unclaimed financial assets from dormant bank accounts and insurance policies into social and community investment funds. The scheme is currently active and being refined through technical consultations on a Community Wealth Fund in England, with recent parliamentary reviews informing strategy development.
In response to: Dormant Assets Scheme Strategy
This strategy sets out this government’s ambitions to broaden the reach and amplify the impact of the Dormant Assets Scheme.
Review of the Dormant Assets Scheme and the Alternative Scheme covering period from 24 February 2022 to 12 February 2025.
Outlines the government response to a public consultation on expanding the Dormant Assets Scheme to other types of assets.
The government's response to the Commission on Dormant Assets' report.
Tackling Dormant Assets: recommendations to benefit consumers and society