Pension Tracing
There are approximately £20 billions worth of unclaimed pension/dormant funds in the UK
We will help you try and Find your lost pension funds and their current value. We will help you Track down and Trace pension providers who you may have lost contact with. We can help you decide which options are most suitable for the future of your pensions.
Losing track of a Pension can be the result of a number of reasons, such as;
- People moving to different companies and not moving their Pension funds to the new company.
- People forgetting to pass any change of address to the previous Pension Providers or Pension Trustees, thereby not receiving ongoing information on their Pension schemes.
There are a lot of cases where people have multiple Personal/Company Pension Plans, these are often spread over a number of different providers (various corporate schemes and different Pension company schemes) and find it very difficult to keep track of them all.
Companies get taken over, and/or change their trading names.
Assets are considered dormant when contact with the owner is lost : -
- Typically due to a Pension Plan member changing their name after marriage or divorce.
- An unreported change of address.
- An expired postal forwarding order.
- Incomplete or illegible records.