A Lost and Found service worth millions!

A Lost and Found service worth millions!

Recently, I posted about the 10bn in unclaimed pensions, sitting in the coffers of pension providers.

So, what can you do about it?

Well, there is no PPI claims process (thank goodness). However, a website set up by The Department of Work and Pensions may be a good first step.

The 'Pensions Tracing Service' helps people to locate their lost pensions.

It's free and simply involves you logging on at www.gov.uk/find-pension-contact-details

You enter your former employer's details or last know pension provider and it should provide you with the relevant contact details.

They claim to have a database of more than 320,000 schemes. Many members of the public have been successfully reunited.

Give it a go. Don't lose track of your money!

#pension #pensionfunds #pensionsreunited #wealth #money

Bronwen Vearncombe

Property investor and building in Zanzibar

5 年

So important - needs sharing !

Seonaid (pronounce Shona) Mackenzie FCSI, CF

Founder and CIO of Sturgeon Ventures LLP Pioneer of Regulatory Incubation which launched originally as a Family Office in 1998. Founder of Sturgeon Compliance Services, was the Compliance Officer of SV for many years

5 年

I was one of those people my husband and I found pensions we had forgotten about and started in our 20s

David Hunt

Managing Director at D J Hunts Ltd

6 年

Hi Kevin, I think it's a great idea, people are so busy with day to day life they either forget about the old pension or just don't get round to doing anything about it at least until they are due to retire. With you and your team at Empowered Pensions excellent knowledge of the pension world i think it's something that you are ideal to Champion and if people can be reunited with their funds who knows maybe they can place them somewhere where they will grow at a better rate before they retire.?

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