Unclaimed Pensions: The Hidden Fortune You Never Knew You Had
As the cost of living crisis continues to bite, it’s more important than ever to take control of our finances and make the most of every penny. That’s why the latest advice from Martin Lewis, founder of Money Saving Expert, is music to our ears. According to Lewis, there’s a staggering £27 billion in ’lost pensions’ just waiting to be claimed - and it could be worth tens of thousands of pounds to each individual.
Pension pots can be worth a small fortune
Lewis warns that it’s surprisingly easy to lose track of old work pensions, but with a few simple steps, you could be sitting on a hidden fortune. One MSE fan, Jodi, recently got in touch with Lewis after she and her husband managed to trace a pension pot worth a staggering £82,000. It just goes to show that it’s always worth digging through your old paperwork to see what you might be owed.
Check your old paperwork for forgotten pensions
The importance of keeping track of your pensions cannot be overstated. As Lewis says, ‘Pensions are big money. Yet you’d be surprised how often people lose track, including old work pensions.’ By taking the time to review your pension arrangements, you could be in line for a windfall that could make a huge difference to your financial future.
A forgotten pension could be the key to financial freedom
So what are you waiting for? Take Lewis’ advice and start digging through your old paperwork today. You never know what you might find.
Take Control of Your Finances
The cost of living crisis is a harsh reality, but by taking control of our finances and making the most of every penny, we can start to build a brighter financial future. Don’t let forgotten pensions hold you back - take action today and start building the future you deserve.
Take control of your finances and start building a brighter future
