Lost Shares in Australia: What to Do If You’ve Lost Track of an Old Investment

 Lost Shares in Australia: What to Do If You’ve Lost Track of an Old Investment


Losing track of an old investment is easier than many people realise.

A change of address, an old employer, a forgotten investment account or simply years passing can make it difficult to remember where a particular shareholding or financial asset is held.

For Australians who believe they may have lost shares, the good news is that there are practical ways to start investigating what happened.

Why Do People Lose Track of Shares?

Shares and other investments can remain out of sight for many years when personal details are no longer up to date.

Some common situations include:

  • Moving house without updating investment records
  • Changing banks or financial institutions
  • Losing paperwork from an older investment
  • Forgetting about investments made many years ago
  • Receiving shares through an inheritance
  • Having investments connected to an old address or contact detail

An investment does not necessarily stop existing simply because the owner has forgotten about it.

How Can You Start Looking for Lost Shares?

The first step is to gather as much information as possible.

Old statements, tax records, correspondence, account numbers and other investment documents may provide useful clues. Even an old company name or piece of paperwork can sometimes help establish where an investment originated.

It is also important to make sure that your personal information is accurate when dealing with financial organisations.

If you do not have enough information to investigate an old investment yourself, you may also consider getting assistance from a specialist service.

What About Forgotten or Unclaimed Investments?

Lost shares can sometimes form part of a wider search for forgotten financial assets.

People may discover that an old investment, shareholding or other asset is connected to information they have not used for many years.

This is one reason why searching for unclaimed money in Australia can be worthwhile when you believe you have forgotten about an older financial asset.

Getting Professional Assistance

Some people prefer to conduct their own research, while others want help navigating the process.

Investafind provides a service for Australians investigating potential lost or unclaimed financial assets. Anyone considering assistance should take the time to understand the service, review the available information and make an informed decision.

You can visit the Investafind website to learn more about the service and its approach.

Don't Ignore Old Investment Records

An old statement sitting in a drawer may seem unimportant today, but it could contain information that helps connect you with an investment you have not thought about for years.

If you think you may have lost shares in Australia, start by collecting your old records, checking the information available to you and investigating the investment carefully.

The key is to avoid rushing. Take the time to verify information, understand the process and use reliable sources when investigating your financial assets.

A forgotten investment is worth investigating rather than simply assuming it is gone.



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