People told to check for ‘lost’ money in pension pots with £31bn waiting to be claimed

Ana Maria Rus

People are being urged to make a simple check to see if they have forgotten savings worth an average of almost £10,000. Millions of pension pots are believed to have been forgotten by their owners, with the average lost account holding £9,470 according to Pensions Policy Institute . But thanks to new tools, the route to reclaiming your lost funds may be far more simple than many believe. One finance expert revealed exactly what people need to do to locate and reclaim all of their lost pension

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