Tracking down lost pensions can potentially add thousands of pounds to your retirement pot. It's worth taking the time to sit down and make a list of all your employers and checking to see if you have pension paperwork for them. If you don't, and you think you may have had a pension with them, then contact the government's Pension Tracing Service.
Once you've found your lost pensions it might make sense to consolidate them into a low-cost SIPP. Having one overarching view of your pensions not only saves you time, administration and potentially cost it also gives you a true sense of what you really have, and this can have a huge impact on your retirement decision making.
However, before you decide to bring your pensions together, make sure you aren't potentially incurring exit fees or missing out on benefits such as guaranteed annuity rates.
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