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Banks targetted over 'lost millions'
By Helen Warrell, Third Sector Online, 4 July 2008
Campaigners are to lobby financial institutions in a bid to help charities access hundreds of millions of pounds of assets left to them in supporters' wills.
The Unclaimed Assets Charity Coalition fears that charities are missing out on money that has been left to them by their supporters but is left unclaimed because it lies unidentified in banks, pension funds and land deeds, in the form of unclaimed financial assets. In 2006, the coalition estimated that...
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