Mission briefing
Around 3.3 million pension pots across the UK are thought to be lost or forgotten, with an average value of £9,500 each.
That is more than £31.1 billion waiting to be reunited with its owners.
Your mission starts here.
Join #LicenceToTrace and see what you could uncover.
This tool is designed to give a broad guide to what an old workplace pension could be worth today, if you were a member of a workplace pension during a previous period of employment and contributions were paid. It is not a personal pension projection.
This guide is for information purposes only and does not constitute advice or a personalised recommendation. It uses broad assumptions and does not reflect your actual pension value. The actual value could be higher or lower, or there may not be a pension at all. It is based on our understanding of current legislation, which may change.
This guide uses broad assumptions, including an estimated contribution of 8% of pensionable earnings, annual growth of 5% and an annual charge of 0.5%. The final figure is rounded to the nearest £100.
Workplace pension rules have changed over time. This tool assumes you were a member of a workplace pension and that contributions were paid during the period of employment.
Examine the evidence
A lost pension could be worth more than you think. Here are six important reasons to investigate, uncover the facts and take control of your retirement savings.
Recover missing retirement savings
Tracing a lost pension could reunite you with money you have built up during your working life and increase the savings available for your retirement.
Get the complete picture
Uncovering all your pensions can give you a clearer understanding of how much you have saved and whether you are on track for the retirement you want.
Review the evidence
Once you have located a pension, you can investigate where your money is invested and whether it still suits your plans.
Inspect the finer details
Older pensions can have different charges, features or valuable benefits. Finding yours means you can check the details and understand exactly what you have.
Bring your files together
You may decide to explore combining your pensions, making them easier to keep track of and manage. This will not be suitable for everyone.
Update your vital information
Tracing an old pension gives you the opportunity to update your contact details and make sure your provider knows who you would like to receive any benefits when you die.
Every successful search begins with the right intelligence. Download your Licence To Trace Mission Checklist for the clues, information and steps you need to track down your old pension pots.
Mission partners
National Pension Tracing Day is supported by leading organisations from across the pensions industry, all working towards one shared objective: helping more people track down their lost pension savings.
Together, they provide expert insight, practical support and vital intelligence to help people start their search and take control of their retirement savings.
Mission Headquarters
→
Follow National Pension Tracing Day for expert briefings, practical tracing tips, campaign updates and the latest intelligence to help you track down your lost pensions.
