View more on these topics

Directgov launches free pension tracking service

Directgov has launched a free pension tracing service aimed at those it believes are losing out on pension entitlements worth thousands of pounds.

Directgov says its research shows over half of UK adults have no idea how much money they have built up in pension schemes, simply because they have stopped keeping track of them.

It says the problem is likely to worsen due to the amount of times people change jobs during their lifetime.

Fifteen per cent of people surveyed say the reason why they stopped keeping track of their pensions is because they do not believe they are worth much.

The free pension tracing service can be found at www.direct.gov.uk and will have access to a database of over 200,000 occupational and personal pension schemes.

Directgov director of communications Tiffany St. James says: “Saving for the future is crucial but our research suggests many UK adults are losing touch with their pensions and don’t know how much money they have saved.

“The free pensions tracing service on Directgov gives people an opportunity to trace ‘lost’ pensions, enabling them to better plan for their future.”

Recommended

Cazenove looking to widen multi range

Cazenove Capital Management chief executive Andrew Ross says the firm is likely to expand its £1bn multi-manager range on the arrival of Gartmore’s Marcus Brookes.Brookes has quit as Gartmore’s deputy head of multi-manager and will head Cazenove’s fund of fund business from March 2008, with analyst and current Gartmore colleague Robin McDonald joining as comanager […]

Millions are misguided in massive reality gap

Consumers believe they have much more protection than they really do, according to Swiss Re technical manager Ron Wheatcroft who believes this “reality gap” will make closing the £2.3trn protection gap even harder.Swiss Re conducted interviews with 1,000 18-60 year olds and found 57 per cent of the sample believe they have life insurance in […]

Fidelity managers go on the road

Fidelity’s annual investment forum will take place at seven venues across the UK between October 1-5 with speakers including Anthony Bolton, Sanjeev Shah, Jorma Korhonen and Richard Skelt.

Domestic disturbance

Changing consumer attitudes in Asia will be a key driver of the world economy

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

There is one comment at the moment, we would love to hear your opinion too.

  1. I am trying to track any lost and recoverable assets of my late father Mr Royston Frame who died in 1993.

Leave a comment