Only two in five adults know where their pensions are - how to track yours down

Only two in five adults know where their pensions are - how to track yours down The research, released ahead of Pension Awareness Day on September 15, also found that almost 30% of pension savers never check where their pension is invested Only two in five adults know where all their pensions are - but tracking down your lost retirement cash might not be as complicated as you think. New research shows a further 20% only know where some of their pensions are - and 16% don't know where any of their pots are held, according to pension tracing app Mylo from Aegon. But 24% of people say they don't have a pension at all. The research, released ahead of Pension Awareness Day on September 15, also found that almost 30% of pension savers never check where their pension is invested, while only 21% do so at least monthly. Nick Roy, Commercial Director of Workplace at Aegon, said: "As people move between employers and build up multiple pension pots, it's easy to lose track of what you've already saved. "Before people can decide whether they're saving enough for retirement, they first need to understand what retirement savings they have and where they are held." How to track down lost pensions The most common reason why people lose track of their pensions is because of job changes, house moves and losing old paperwork. There is an estimated £31.1billion sitting in lost or unclaimed pension pots, according to the Pensions Policy Institute (PPI). But there are a few ways you can find your old pensions. If you know the name of your previous employer, there is a free Government Pension Tracing Service that helps you find lost pension pots. You need to provide your previous employment details and then the Pension Tracing Service will tell you the contact details of a provider. It will not give you details of how much money you may have invested. You would need to contact the pension provider yourself to get details of your account. If you cannot remember the names of your previous workplaces or pension schemes, there are plenty of apps that can help you trace old pots, such as Mylo, Gretel and Penny. You can choose to add more information such as your National Insurance number and any previous names you went by to improve your search results. Millions of people will also soon have access to a new Government pensions dashboard, which will show all your pension pots in one place. All pension providers and schemes in scope of the legislation must be connected to the dashboard by October 31, 2026. However, the service is not expected to be made available to the public until 2027 or 2028.