| |
Centre for Policy on Ageing | |
 | |
|
Age Concern's response to HM Treasury's consultation: Unclaimed assets distribution mechanism
— summary | | Corporate Author | Age Concern England - ACE |
| Publisher | Age Concern England - ACE, London, August 2007 |
| Pages | 2 pp (Policy response - ref: 2607(S)) |
| Source | Age Concern England, Astral House, 1268 London Road, London SW16 4ER. Download document at http://www.ageconcern.org.uk |
| Keywords | Savings ; Banks ; Building societies ; Age Concern ; Comments or Evidence submitted. |
| Annotation | This consultation concerns the Government's proposals for distributing funds from the. unclaimed asset scheme. This scheme will make use of unclaimed deposits held in "dormant accounts", while still retaining the individual's right to reclaim money at any time, with interest. Age Concern England (ACE) favours the Government's proposals to use the Big Lottery Fund (BLF) as the main distribution body. However, as in its response to HM Treasury's previous consultation paper, 'A UK unclaimed asset scheme', ACE makes the point that redistribution of surplus assets should not focus solely on younger people, but rather be expanded to be inclusive of a wider age group incorporating older people. (RH) |
| Accession Number | CPA-080415005 P |
| Classmark | JDD: WNM: WNR: PT: 6PM * |
Data © Centre for Policy on Ageing |
|
| ...from the Ageinfo database published by Centre for Policy on Ageing. |
| |
|