Dormant Assets Fund

The Government has launched a public consultation to gather views on the social and environmental purposes of the £738 million in dormant assets funding for England in the years ahead.

The Department for Digital, Culture, Media and Sport is providing an opportunity for the public, the voluntary, community and social enterprise sector and industry stakeholders to have their say on how to shape the direction of the Dormant Assets Scheme in England in the years ahead.

Dormant assets are financial assets, such as bank accounts, that have been untouched for a long period. The Dormant Assets Scheme is led by the financial services industry and backed by the government with the aim of reuniting people with these financial assets. Where this is not possible, the Scheme unlocks this money for social and environmental initiatives across the UK.

Consultation is currently open and will close on Sunday, 9 October 2022.

Consultation document and online survey – https://www.gov.uk/government/consultations/consultation-on-the-english-portion-of-dormant-assets-funding