More than £50bn of pension savings at risk of being misplaced

PensionBee research finds number of pension pots anticipated to more than double by 2050

Martin Richmond
clock • 3 min read
The research estimated that just under five million pots were considered to be “lost” in 2023
Image:

The research estimated that just under five million pots were considered to be “lost” in 2023

More than £50bn in pension savings from UK workers are at risk of being lost due to frequent job changes, research from PensionBee shows.

The research – conducted by the Centre for Economic and Business Research (CEBR) among 2,000 UK adults on behalf of the pension provider – found workers aged under 35 had accumulated a higher propo...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Aon urges DC members to 'stay calm' amid increased market volatility

Aon urges DC members to 'stay calm' amid increased market volatility

Firm warns savers to be ‘on their guard’ against risk of scams during tariff-induced turmoil

Martin Richmond
clock 14 April 2025 • 2 min read
Ten years on from the pension freedoms, our attitudes have come full circle

Ten years on from the pension freedoms, our attitudes have come full circle

Colin Clarke says we need to focus on the primary purpose of a pension

Colin Clarke
clock 04 April 2025 • 6 min read
FCA greenlights two further LTAFs for Aegon workplace pension default fund

FCA greenlights two further LTAFs for Aegon workplace pension default fund

LTAFs managed by JPMAM and Aegon AM will join already approved BlackRock strategy

Jonathan Stapleton
clock 02 April 2025 • 2 min read
Trustpilot