There are now estimated to be 2.8 million unclaimed pensions, worth over £26 billion.
Research shows that only 40% of employed people in the UK know where all of their pension details are
The UK is forecasted to have 50 million dormant and lost pensions by 2050
Above from Pension Policy Institute research in 2022, Lost pensions report 2018 and Association of British Insurers (ABI) research in 2020.
If you've moved jobs during your working life, you may have lost track of some of the pension schemes for previous companies you've worked for. You can contact previous employers and pension providers to get the details of these, although this can be time-consuming.
A free pension tracing service is available to Legal & General Pension customers, we can help you find old and forgotten pensions from previous employers, and it usually takes about 4 to 16 weeks.
We don’t trace NHS, Local Government or Civil Service defined benefit pensions, which you are not allowed to transfer to a defined contribution pension We also cannot trace overseas pensions.
How do I find lost and old pensions?
How do I find out if I have a pension from a previous employer?
Can I trace my own pensions?
What information do I need to trace my pensions?
How long does it take to trace pensions?
What if the company I used to work for has gone bust or no longer exists?
Pension Wise from MoneyHelper
The government’s free and impartial service, offering guidance to make money and pension choices clearer.
To find out more or book an appointment online click below or call.
0800 138 3944
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Calls may be recorded and monitored.
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Our colleagues in Cardiff are always happy to answer your questions or help you apply for a quote.
0800 048 2446
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