Unclaimed shares: does Standard Life owe you £1,270?

10th July 2015


A total of 65,000 have just a year to claim the shares and even cash owed to them by Standard Life.


When The Standard Life Assurance Company demutualised in 2006 around 2.4 million policyholders were entitled to cash or shares.


Of these 280,000 policyholders failed to claim shares they were due and another 24,000 failed to claim cash owed to them. Standard Life is still trying to reunite individuals with their assets.


Last year it undertook a tracing programme and reunited 10,000 more policyholders with their assets, including a claim worth £109,300.


However, there are still 60,000 people are still to claim shares and another 5,000 who have an unclaimed cash entitlement. They now have just a year to claim what is theirs.


The average value of unclaimed shares is around £1,270 and the last day to make a claim I 9 July 2016.


Paul McKenna, deputy group company secretary, said: ‘We’ve been working hard to trace those with a valid claim and have united more than 235,000 people with their unclaimed assets.


‘With a year to go, our efforts are continuing and we would urge anyone who receives a communication from our registrars, Capita Asset Services, to respond to it before time runs out.’


To make a claim call Capita Asset Services on 0345 608 1478



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