U is for Unclaimed Money

UEarlier in the A-Z Blogging Challenge I posted “L is for Lost Members Register“…did anyone find any lost superannuation?

What about cold hard cash?  Have you ever wondered if there’s some money out there you’ve forgotten about or never knew you had?

Perhaps an old bank account, some dividends or shares, a deceased estate or a life insurance policy?

Today I’m going to point you in the direction of how you can search for Unclaimed Money.

The Australian Securities and Investment Commission (ASIC) is responsible for handling unclaimed moneys from banks and life insurance companies, among other items.

But it’s our State governments who are responsible for holding unclaimed money from deceased estates, share dividends, salaries and wages, cheques, trust money, over-payments and proceeds on sale.

How can you search through all these avenues to find unclaimed money?

Start with ASIC’s MoneySmart website, where you can search the ASIC unclaimed money, in addition there are links to the ATO’s SuperSeeker (as discussed in “L is for Lost Members Register”), as well as individual state registers and the Fair Work Ombudsman’s website.

You never know what you might find…good luck!

Regards

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PS I have not included links in this post as I had some trouble loading them on my laptop, but they worked fine on my tablet…below is the relevant URL to copy and paste in your browser:

MoneySmart: www.moneysmart.gov.au

2 thoughts on “U is for Unclaimed Money

    1. The Tax Chic Post author

      Thanks for stopping by, I’m pleased to hear you know of a similar tool in your home state, make sure you share that knowledge with your family and friends!

      Reply

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