Pensions can feel complicated, and that is often made worse by the many myths that surround them. Over time, it is easy for outdated ideas or half-remembered facts to stick, leaving people unsure about how pensions really work. At Pension App, we want to cut through the noise and make things clearer.
In reality, most people have more than one pension. Each time you start a new job with a pension scheme, a separate pot may be created in your name. Add in personal pensions, and the number can build up. This is one of the reasons so many pensions go unclaimed. Pension App helps you find and combine these pensions, so you can see your savings in one place.
Your pension does not vanish if you move on from an employer. Any money paid in by you and your employer remains invested in that pension. The problem is that many people forget about these pots or lose track of them over time. Pension App can help reconnect you with those pensions, giving you back oversight of what you have worked hard to save.
Pensions are not all alike. Some provide a guaranteed income for life, while others are based on the amount saved and invested. Pension App focuses on defined contribution pensions, making it easy for users to trace, combine, and monitor them through the app.
It is true that pensions have their own language, but at their core, they are simply long term savings for the future. Pension App is designed to remove the hassle, whether you are finding old pensions, checking your balance, or keeping track of performance. Our aim is to make pensions feel straightforward and accessible.
Even if you have not touched an old pension in years, it does not mean it is out of reach. Workplace and personal pensions can often be transferred and brought together into one place. Pension App’s transfer specialists and case handlers are with you every step of the way, from start to finish.
Pensions do not just switch on by themselves. You need to decide how and when you want to access them. Pension App makes it easier to prepare for that stage by showing all your pensions in one place, so you know exactly what you have before making any choices.
Even a small pension pot is still your money, and over time it can grow. Many people have several small pensions from different jobs. With Pension App, these can be traced and combined, giving you a clearer picture of your total savings.
Pensions are often misunderstood, but clearing up these myths helps show just how important it is to keep track of them. At Pension App, our mission is to make pension management clear, simple, and accessible for everyone.
With pensions, your capital is at risk.