Forgotten Millions
Newcastle Herald
Monday September 9, 2002
TENS of thousands of Australians have joined an online treasure hunt for forgotten bank accounts, insurance policies and share money worth more than $220million.
But this is dwarfed by more than $7billion wallowing in neglected superannuation accounts.
The Australian Securities and Investments Commission is holding $160million in dormant bank accounts, $45million in unclaimed company shares and $23million in unclaimed life insurance policies.
The consumer information web site is www.fido.asic.gov.au.
© 2002 Newcastle Herald