
Losing track of shares doesn't always mean the investment has disappeared. A change of address, a new name, a different employer, missing paperwork or an old investment can make a shareholding difficult to identify years later.
If you're searching for lost shares in Australia, here are five things worth checking.
The Australian Government provides a free unclaimed-money search. ASIC holds records for certain unclaimed shares and investments, so this is a sensible place to begin your search.
Don't rely only on your current address.
Old shareholdings may be associated with an address you used years ago. ASIC can require evidence showing that you used an address connected with the relevant unclaimed-money record when establishing ownership.
Search for:
Even one old document can provide an important clue.
An investment can become harder to recognise when a company has merged, changed its name, been acquired or gone through a de-merger.