Missing money

Can you imagine money that is rightfully yours, just sitting somewhere, unclaimed? The Australian Investment Strategies Commission (ASIC) is urging Australians to lay their claim on $600 million, which has recently been turned over by banks, credit unions, insurance companies and companies taken over.

Amounts owed to individuals range from $1 to $3 million. One lucky person has even been reunited with over $742,000, it may be worth investigating if you’re entitled to any of this unclaimed money.

ASIC provides an information line, where customer service consultants will conduct a thorough search, based on simple questions, for forgotten funds. A search for money left behind by deceased relatives can also be carried out online at www.moneysmart.gov.au, although for privacy reasons, some information may be withheld.

You can contact ASIC during office hours on 1300 300 630 or email [email protected]