Directgov

Directgov have set up a pension tracing services which is free to those who believe they are losing out on pension entitlements that are worth thousand of pounds.



Research showed that over half of adults have no idea how much is in their pension schemes because they have not kept a track on them and this worsens the amount of times a persons changes jobs.

People have not kept track of their pensions because they do not consider them to be worth much, the research found.

The tracing service with be able to access 200,000 occupational and personal pension schemes.

Saving for the future is important but people do not know how much they have saved in their pension schemes and this will give people the chance to trace lost pensions and therefore will allow them to plan for the future.