Q1: How do I claim unclaimed financial assets?
A1: To claim unclaimed financial assets, you can consult the register of unclaimed property and claim the funds online.
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Q2: Can I claim a financial asset online?
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A2: Yes, you can claim a financial asset online by following the necessary procedures.
Q3: How much is the average value of unclaimed child trust funds?
A3: The average value of unclaimed child trust funds is estimated to be around £1,900 each.
Q4: How many children have not claimed their child trust funds?
A4: Nearly a million young people have yet to claim their child trust funds, according to the Public Accounts Committee.
Q5: How much money is dormant in state-supported accounts for young people's savings?
A5: Failures in long-term planning have left more than £1.7bn dormant in state-supported accounts aimed at boosting young people's savings.