One third of savers may consider consolidation

Around 1.6 million pots are left unclaimed by members

Martin Richmond
clock • 2 min read
Watts-Lay: "Pensions dashboards will help provide transparency and allow individuals to track their schemes more easily"
Image:

Watts-Lay: "Pensions dashboards will help provide transparency and allow individuals to track their schemes more easily"

One in three savers have concerns about the number of pension pots that they accumulate and may consider consolidating them into one pot, according to Wealth at Work.

Wealth at Work director Jonathan Watts-Lay said: "It may make sense for employees to consolidate their pensions if they have a number of schemes and struggle to keep track of them all, or if they h...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

News Digest: UK pensions 'lifeboat' halts levy for DB schemes

News Digest: UK pensions 'lifeboat' halts levy for DB schemes

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 23 September 2025 • 1 min read
Buzz: Is it time to scrap the state pension triple lock?

Buzz: Is it time to scrap the state pension triple lock?

Triple lock, PRA regulations around funded reinsurance and longevity improvements

Professional Pensions
clock 22 September 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Just four firms manage 80% of scheme assets, two firms planning to enter superfund market, Pensions UK says remove investment barriers

Professional Pensions
clock 19 September 2025 • 1 min read
Trustpilot