Call for action over £20bn lost pension pots

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As much as £20bn of savings could be sitting in over a million so-called ‘lost pension pots’ where savers have lost touch with their providers according to analysis from the Association of British Insurers (ABI), which says this underlines the need for the government’s proposed pensions dashboard.

Most people have moved jobs or houses at some point, and potentially left behind valuable pension pots.  If you left an employer after 1988 and had more than two years service with pension contributions, then you may have a pension pot that’s still available.  The first place to look is