How to trace lost pension pots

Coin stacks with letter dice - Pension

In a bid to help people locate their lost pension pots, the Pension Tracing Service has launched a new website.

There is currently around £400 million in unclaimed pension savings, according to the Department for Work and Pensions.

People can enter their former employers’ details into an online database and receive contact details for pension schemes that they may have paid into.

Minister for pensions, Baroness Ros Altmann said that:

“People have had on average 11 jobs during their working life which can mean they have as many work place pensions to keep track of.”

Tracing lost pensions

There are ways for both individuals and businesses to trace their lost pension savings. Most pension schemes will send you a statement each year stating your retirement income from the pot.

There are 3 ways to track down lost pension. These are:

Get in touch to discuss your retirement planning.

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