# £290 million in unclaimed windfalls at Standard Life

- Link: https://fundraising.co.uk/2007/01/08/290-million-unclaimed-windfalls-standard-life/
- Published: 2007-01-08T00:15:54+00:00
- Author: Howard Lake

According to [The Guardian](http://business.guardian.co.uk/story/0,,1982283,00.html),
there is £290 million worth of windfall shares currently lying unclaimed at [Standard Life](http://www.standardlife.co.uk)
following its stock market flotation in July 2006. One policyholder has £136,000
worth of unclaimed shares, and six other shareholders have also failed to claim 
six-figure sums.

What can fundraisers do about this large sum of unused money and the group of owners
who haven’t spotted they are missing it? Not a lot, except lament it is not being
put to better use. Alternatively, they might mention this fact in their supporter
newsletter and hope that any supporters reunited with their windfall as a result
might choose to thank the charity generously for doing so.

The only other choice is to hope that it doesn’t get claimed because any such shares
unclaimed by 10 July 2016 will be used for general corporate purposes “which may
include charitable giving”, reports The Guardian.

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