Don't Leave Money On The Table

£31.1 Billion….. That is the estimated total of ‘lost’ pension pots in the UK, up 60% since 2018. Many of us collect a number of workplace pension pots throughout our lifetimes, so it’s easy to leave money behind as life moves forward. But why would you want pension firms to continue to hold on to and collect fees from money that you are not in control of?!

It’s estimated that there are 3.3 million lost or unclaimed pensions out there, with an average value of £9,470. Often these pensions get lost as we move home or, especially for women, change names. It’s vital to ensure that you know where all of your pension savings are. Have you had several workplace schemes? Do you know where they are?

📢 Here’s this week’s call to action 📢 - Think back over the different employers you have worked for, do you know where the pension you accumulated when you worked there? Maybe missing some? - Dig out your paperwork, log on to the website, speak to old colleagues, put your detective hat on 🕵️‍♀️ and find your money! Stuck? Get in touch.

Key Articles I Have Read This Week:

• Sticking with the pension theme, women are still impacted by the Gender Pension Gap. Want to know more, This Is Money write about it: Read it here

• Are you working from home? Many of us are. Are you making the tax claims you are allowed to? Not the usual publication here but Ideal Home have the following article. Maybe worth a check!: Read it here

Investment Markets This Week:

Best Cash Savings Rates This Week

❗️ The Below Is NOT Actual Advice 😁 🐕️ 

Just to get a smile on a Friday. If you are worried about where you should be looking to invest your money then I can help you with some guidance and confidence but I probably won’t suggest tennis balls 🎾