More than £50bn of pension savings at risk of being misplaced

PensionBee research finds number of pension pots anticipated to more than double by 2050

Martin Richmond
clock • 3 min read
The research estimated that just under five million pots were considered to be “lost” in 2023
Image:

The research estimated that just under five million pots were considered to be “lost” in 2023

More than £50bn in pension savings from UK workers are at risk of being lost due to frequent job changes, research from PensionBee shows.

The research – conducted by the Centre for Economic and Business Research (CEBR) among 2,000 UK adults on behalf of the pension provider – found workers aged under 35 had accumulated a higher propo...

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 Defined Contribution

SPP calls for 'robust' safeguards on DC small pots consolidator

SPP calls for 'robust' safeguards on DC small pots consolidator

Trade body says consolidator model must be designed around member interests

Martin Richmond
clock 30 October 2026 • 3 min read
Partner Insight: From awareness to action – closing the retirement planning gap

Partner Insight: From awareness to action – closing the retirement planning gap

Many employees think about retirement. Far fewer take practical steps to prepare for it.

Royal London
clock 29 October 2026 • 5 min read
L&G takes on £2.45bn Royal Mail DC scheme in biggest master trust transfer to date

L&G takes on £2.45bn Royal Mail DC scheme in biggest master trust transfer to date

Completed transition sees 100,000 scheme members’ savings move into L&G Mastertrust

Alex Levy
clock 27 October 2026 • 2 min read
Trustpilot