The majority of UK adults don’t regularly check on their pensions and there are currently three million pension pots which have been forgotten by their owners – worth an average of almost £10,000, according to research for the campaign Pension Attention. Pension savings most commonly get lost when someone changes their address or name but doesn’t tell their pension provider from a previous job.
The latest research by the Pension Attention campaign said tracking down a missing pension or looking after the ones you have may only require sorting through some paperwork or logging into a portal. In the run up to Talk Money Week 2022, from November 7, the industry-wide Pension Attention campaign is urging people to start a conversation with a family member, friend or colleague.
Campaign manager for Pension Attention, Sarah Cordey, said: “As we edge closer to the end of the year, many of us may start to think about the mental, personal or fitness goals we wish we’d achieved. While it’s daunting to undertake a major new exercise regime or a whole programme of study, getting your future finances under control is much less painful.
