Lost PEP

Snb

I contacted Invesco perpetual as i had managed to forget about an investment i made in 1995 of £6000. I subsequently changed address in 2001.  I have spoken to them on the phone and via email. There response is always that because it more than 6 years ago they cant find it because it has been sols or transfered. I know i haven't done that. I have the contract note with all the details but they say it has changed and they are unable to help. Surely this can't be right?

wmb194

Snb said:

I contacted Invesco perpetual as i had managed to forget about an investment i made in 1995 of £6000. I subsequently changed address in 2001.  I have spoken to them on the phone and via email. There response is always that because it more than 6 years ago they cant find it because it has been sols or transfered. I know i haven't done that. I have the contract note with all the details but they say it has changed and they are unable to help. Surely this can't be right?

What did you invest in? IIRC over the years I've had some Invesco Perpetual funds that were wound up.

Hoenir

What's the fund name? 

Snb

perpetual pep growth fund

xylophone

https://www.tisa.uk.com/all-tisa-publications/isas/historic-schemes/

https://www.thisismoney.co.uk/money/saving/article-1597157/Peps-the-forgotten-75bn.html

It is nearly 20 years since the first Peps were introduced and it is coming up for seven years since the last was sold. During this time, the aim of the fund that a Pep is invested in may have changed and the fund manager could have been replaced two or three times. At the very least, savers should be reviewing their holdings.

The above was printed in 2008 so make that "nearly twenty years" more like 38 years.

Below might be worth a try.

https://www.theia.org/unclaimedassets

Nardy

I've no idea if this will help or not. particularly as I my have some of the names misremembered and my knowledge and interest in the subject matter was far less then, than it is now, but here goes.

I invested some money in a PEP round about 1997 and over the years due to mergers and takeover the title has changed and at different times has included Invesco, Perpetual and I believe Jupiter. As I said, I took very little interest in it, but eventually I ended up with an account with Shareview, which subsequently became part of Interactive Investor. The earliest document in my ii account is from June 2017 and the investment is called Perpetual Income and Growth Investment Trust Plc Ord 10p. In December 2020 it became Murray Income Trust Plc Ord 25p and in March 2021 Murray Income Trust

I hope this helps in some way.

wmb194

Snb said:

perpetual pep growth fund

Is that quoted verbatim? Are there any other data e.g., a fund code, ISIN? Was this a unit trust/OEIC or an investment trust?

Snb

it is a contract note that states 4595.76 units  @133.510    perpetual pep growth fund.  i have a client acc number, certificate number, deal reference.  just had an email back from Invesco saying they cannot find any information and due to the historic nature of the data and GDPR were no longer able to provide any details.

I have forwarded all this info the financial ombudsman hoping they can help

xylophone

I have forwarded all this info the financial ombudsman hoping they can help

Have you tried link in my post above?

Reaper

Snb said:

... due to the historic nature of the data and GDPR were no longer able to provide any details.

I find it amazing the way companies try to use GDPR as an excuse. Nothing in GDPR stops them telling you about your own investments.

Nardy

"companies try to use GDPR as an excuse"
I'm a great believer in Hanlon's Razor

"Never attribute to malice that which is adequately explained by stupidity."