9 March 2021
According to the Association of British Insurers, around 1.6 million pension pots worth £19.4 billion are unclaimed due to savers failing to contact their pension provider when they move house.
Only 1 in 25 people contact their pension provider when they move house which causes many people to lose significant amounts of money which they have simply forgotten about.
Now is a good time to start thinking of which employers you have worked for and start checking if some of the £19.4 billion is yours.
The Government even have a website to help you trace lost pensions, why not give it a try: https://www.gov.uk/find-pension-contact-details