It’s estimated that there are around 2.8 million lost pension pots in the UK, worth a staggering £27 billion in total. With people switching jobs more frequently than ever before, it’s no surprise that many lose track of workplace pensions along the way. Whether it’s paperwork that never arrived, an address that was never updated, or simply a pension you forgot existed - lost pensions are common. But they don’t have to stay that way.
Combining pensions is often about making life easier. Instead of juggling multiple accounts and trying to track down old providers, bringing your pensions into one place gives you:
A clear view of your savings.
Simplified account management.
Fewer statements and logins to keep track of.
A single provider to contact when you need support.
It can also help people feel more in control of their retirement planning without needing to trawl through old paperwork or chase down different schemes.
At Pension App, we make it easy to bring your pensions together. When you sign up, our highly skilled Case Handlers begin the search for your old workplace pensions, using the details you provide. We leave no stone unturned - contacting providers, cross-checking scheme records, and keeping you updated along the way. Once we’ve found them, our Transfer Specialists guide you through combining them into one pension with us, where funds will be transferred into your online account and then invested.
After your pensions are combined, you can log in to your Pension App account at any time to:
View your balance.
Choose from our three investment fund options (cautious, balanced or adventurous).
Update your details or beneficiaries.
It’s all in one place - simple, secure, and designed to give you full visibility of your pension.
Combining your pensions could help you take back control of your future. Find out more here.
With pensions, your capital is at risk.