Reclaim Fund Ltd (RFL) operates the UK’s Dormant Assets Scheme. Since 2011, we have been trusted to receive, manage and distribute dormant asset funds.
We work hand-in-hand with the financial sector, the Government, and The National Lottery Community Fund to create lasting impact across the UK with forgotten funds. Together, we use money that would otherwise be lost to help good causes that would otherwise miss out.
But that doesn’t mean account holders are compromised: RFL take on full liability for the funds transferred to us and expertly maintain reserves to refund participants for any customer reclaims – in perpetuity, and with any interest owed.
We are the experts in dormant assets and offer all the support necessary to firms embarking on their journey to participation.
With our bespoke support, over 50 financial institutions – from major multinational investment firms to small community-based building societies – are already unlocking the potential of dormant assets.
Click here to find out more about joining the Dormant Assets Scheme.
£1.1 billion
distributed to The National Lottery
200,000+
customers reunited with their assets
2,700+
charitable organisations with funding
50+
leading financial organisations onboard
The technical part
RFL is a not-for-profit, Arms-Length Body, owned by HM Treasury. The Government’s shareholding is managed by UK Government Investments (UKGI).
RFL operate as an independent legal entity, acting at arm’s length from Government within a strategic framework set by Ministers.
We are:
- FCA-regulated
- Self-funded through returns on our investments, with no fees charged to participants and no taxpayer money provided from the Government
- Governed by an independent Board of Directors
- Led by a dedicated Executive Committee
- Backed by a Treasury Loan facility protecting the perpetual rights of all dormant asset holders
Further reading
Annual Report and Accounts
Thanks to the businesses that continue to support the Scheme, we were able to transfe
Our Executive Team
Reclaim Fund Ltd is led by a dedicated Executive Committee with deep expertise in the
Our Governance
Reclaim Fund Ltd voluntarily follow the spirit of the UK Corporate Governance Code to