About us

The Dormant Assets Scheme is operated by Reclaim Fund Ltd (‘RFL’). RFL has managed the Dormant Assets Scheme since its inception in 2011.

RFL is a not-for-profit public body owned by HM Treasury, with the Government’s shareholder managed by UK Government Investments (UKGI). It operates as an independent legal entity, acting at arms-length from the Government within a strategic framework set by Ministers. It has a separate Board of Directors. RFL is FCA-regulated, with the rights of dormant asset holders guaranteed by the UK Government.

RFL is an arms-length body (ALB) which is a specific category of central Government public body. It has an entirely separate Executive Committee and Board of Directors which operate independently of Government.

RFL’s principal activity is the receipt and management of dormant asset monies. RFL is also permitted to invest funds and to defray administrative costs and other reasonable expenses. RFL is not taxpayer-funded and does not claim money from central Government.