Why it pays to make use of the voluntary assets disclosure initiative

We are five months into a 12-months voluntary unclaimed financial assets disclosure programme. With only a few months to go, it is time to think about this some more than we are looking forward to the December holidays.

The Unclaimed Financial Assets Act of 2011 (Act) provides for reporting and dealing with unclaimed financial assets. This Act establishes the Unclaimed Financial Assets Authority (Authority).