How to find a lost pension with an NI number

The idea of losing track of your hard-earned cash might sound unfathomable, yet an estimated 4.8 million British pension pots are currently “missing”. This is according to analysis conducted by the Centre for Economics and Business Research (CEBR) on behalf of pension provider PensionBee, which found almost one in 10 workers believe they have misplaced a pot worth £10,000 or more. Overall, the amount of retirement money now estimated to be lost in the system stands at around a huge £50bn. With each lost pot, there’s a risk you may be losing track of money that could help fund your retirement, so it’s vital to track them down. Tracing old pensions from years ago may feel like a hassle, but there are simple steps to help you do so. Here, Telegraph Money explains the following: Have I lost a pension? Who is most at risk of losing a pension? Did I have a SERPs pension? SERPs pension check Why it’s worth finding lost pensions Find lost pensions with your NI number Find if you have a pension from an old job Use the Government Pension Tracing Service Find pension details by contacting your provider Gretel and the Association of British...

Read more