Finding a LOST PENSION
There is approximately £20 billion in lost pensions, according to figures issued by the
Association of British Insurers (ABI)
with an incredible estimate of 1.6 million pension pots forgotten or left behind by those who paid into them. The introduction of auto-enrolment coupled with tendencies to move jobs more frequently will likely compound the problem.
There are many factors that contribute to the issue, among them are people moving jobs,
changing address, and simply not knowing who administrates their policy which results in
savers wondering “how do I trace my pension”.
So how exactly can you go about finding a lost pension?
We here at Pension Partner specialise in finding our clients' frozen, lost or deferred pensions.
Having helped thousands of savers get reacquainted with their various policies we are one of
the country's leading track and trace services.
All you need to do is fill in a Letter of Authority (Letter of permission) with some basic
details which will allow our Pension Detectives to speak with your schemes. Following this you'll receive a full breakdown and be up-to-speed on where your pensions are, allowing you
to review and plan for retirement whilst saving the laborious task of spending hours on the
phone to potential administrators.
How do we know where to look?
This is a question our clients often ask us if they have tried to trace the pensions without
assistance. We here at Pension Partner have built our own cutting-edge database that tells us which administrator looks after which company's pension scheme. We've built this
throughout years of tracing and it's always our first port of call when we begin tracking our
clients' lost pensions.
In the rare case our database does not hold the details, we will liaise with your previous
company's HR department to find out who administered your pension and if you were
Even if you're unsure about a potential pension with previous employers, we can be certain. Be sure to contact us (https://www.pensionpartner.co.uk/help) and one of our friendly Pension Investigators will get in touch!