Pension Tracing Service _ Lost Pensions
Published / Last Updated on 02/11/2007
Pension entitlements could be lost due to the policyholders not keeping an eye on the policy.
Directgov has launched a free pension tracing service for those of us who have lost track of our pensions for one reason or another.
The most common reason given for losing track of a pension is that it is not worth very much, so people don’t bother with them. The tracing service can be found at www.direct.gov.uk and has access to a database of over 2000,000 occupational and personal pension schemes.
Our view
A pension tracing service has been available from the Pensions Service (part of the Department for Work and Pensions DWP) for some time. Raising public awareness by linking the service is a good thing.
Useful links:
Learn more about this and related topics in the Pensions Adviser.com Channel
Request expert financial advice now
Purchase guidance on financial planning in the Money Shop
