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    • Civic18
    • By Civic18 19th Nov 19, 9:38 AM
    • 11Posts
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    Civic18
    Pension ignorance - help!!
    • #1
    • 19th Nov 19, 9:38 AM
    Pension ignorance - help!! 19th Nov 19 at 9:38 AM
    My husband has paid into several pensions when he has worked for various employers. What is the best/easiest way to trace these and is it best to amalgamate these into one pot (i.e. with his current employer) and is this an easy process?

    Many thanks!
Page 1
    • JoeCrystal
    • By JoeCrystal 19th Nov 19, 9:44 AM
    • 1,987 Posts
    • 1,411 Thanks
    JoeCrystal
    • #2
    • 19th Nov 19, 9:44 AM
    • #2
    • 19th Nov 19, 9:44 AM
    Here is the website for finding a lost pension:

    https://www.gov.uk/find-pension-contact-details

    As for your latter question, it depends on what they are!
    • MallyGirl
    • By MallyGirl 19th Nov 19, 9:46 AM
    • 4,068 Posts
    • 9,504 Thanks
    MallyGirl
    • #3
    • 19th Nov 19, 9:46 AM
    • #3
    • 19th Nov 19, 9:46 AM
    My husband has paid into several pensions when he has worked for various employers. What is the best/easiest way to trace these and is it best to amalgamate these into one pot (i.e. with his current employer) and is this an easy process?

    Many thanks!
    Originally posted by Civic18
    have they not been sending annual statements? Have you moved and not updated them?

    The finder doesn't always seem to find them so the onus is on your husband to find paperwork/contact previous employers to track things down (and then keep them up date from now on).
    • Dox
    • By Dox 19th Nov 19, 11:50 AM
    • 1,770 Posts
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    Dox
    • #4
    • 19th Nov 19, 11:50 AM
    • #4
    • 19th Nov 19, 11:50 AM
    If these were defined benefit pensions (aka final salary, CARE), he should have been receiving an annual Summary Funding Statement, but not annual statements.

    If they were defined contribution (aka money purchase) schemes run by a board of trustees, he should have been receiving annual statements from the scheme administrators to show how the funds are performing.

    If they were defined contribution (aka money purchase) schemes run by an insurer (look for the words 'stakeholder', 'group personal pension' or similar), he should have been receiving annual statements from the relevant insurer to show how the funds are performing.

    Should he amalgamate? Depends if his current scheme accepts transfers in - he needs to ask the pension provider. Even if they do, don't rush into it - read this first: https://www.thisismoney.co.uk/money/pensions/article-7411619/Should-merge-old-pension-pots-one-scheme.html
    • Albermarle
    • By Albermarle 19th Nov 19, 11:58 AM
    • 1,859 Posts
    • 1,197 Thanks
    Albermarle
    • #5
    • 19th Nov 19, 11:58 AM
    • #5
    • 19th Nov 19, 11:58 AM
    If you get stuck then this website can maybe help . It is government run so will not try and sell you anything , it is just a source of info :
    https://www.pensionsadvisoryservice.org.uk/
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