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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

No consensus on whether trustee boards should have at least one accredited member

No consensus on whether trustee boards should have at least one accredited member

PP poll finds 50% of industry say trustee boards should have one accredited member

Martin Richmond
clock 16 May 2025 • 2 min read
One third of DC savers have less than £10,000, FCA says

One third of DC savers have less than £10,000, FCA says

Financial Lives survey finds only a minority had received financial advice

Jasmine Urquhart
clock 16 May 2025 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Mansion House Accord, Pension Schemes Bill expectations, and a £120m buy-in deal

Professional Pensions
clock 15 May 2025 • 1 min read
Trustpilot