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New website launches to help savers find forgotten pensions on ‘National Pension Tracing Day’

Punter Southall Aspire is urging people across the UK to track down lost pension pots potentially worth thousands with today’s launch of an online resource centre for National Pension Tracing Day on Sunday 31st October.

When people move home or change jobs only around four in every 100 remembers to tell their pension companies their new address which is contributing to 1.6 million lost or forgotten pension pots worth £19.4 billion – the equivalent of nearly £13,000 each[i].

It can be daunting to know where to start to find a lost pension pot, but the resource centre offers step-by-step, simple guidance to round up savings which may be lost or forgotten.

These include retracing old jobs, searching paperwork, checking each pension pot to ensure contact details are correct and researching any gaps in your pension history.

National Pension Tracing Day was established by Punter Southall Aspire and is supported by Scottish Widows, Aegon, Legal and General and Standard Life.

Alan Morahan, Managing Director at Punter Southall Aspire, said, “On Sunday 31st October, we’re urging everyone to use the extra hour when the clocks go back to trace lost pensions. Finding a pension is easier than people might think. You don’t need to be a financial expert or pay anyone to do it. And you don’t have to wait until October – start now.”

Johanna Nelson-Vanner, Head of Communications at Punter Southall Aspire, said, “We’ve created this website to make it clear and simple to track down money which could be yours. You may have changed your job, address or got married and changed your name. Our campaign may help to change your retirement for the better.”

Posted in Need to See IT Newswire