We will find your frozen and lost pension money
Let us find that lost nest egg!
We have extensive experience helping people trace the money they have forgotten about or thought they could never get back. In some cases, people are not even aware that they can get this money back so we work with them to ensure the tracing process goes smoothly and efficiently.
Frozen pensions are important to consider as every bit of money you worked for should be working to benefit you in some way. While the money is sitting there unclaimed it can be generating interest, but this interest can sometimes be as little as 0.5%. While it may be gaining interest, it will almost certainly be subject to annual pension provider fees. These fees are often guarded and kept hidden but can be a significant cut, varying from as little as 0.5% all the way up to the substantial sum of 2.5%. While this may not sound like a significant sum, it’s important to remember that these interests and charges build on each other year on year. In many cases the sum paid into the pension is entirely depleted because of the fees so it’s important to act sooner rather than later if you think you are eligible for a claim.
It’s important to know the terms of your pension and how it will be affected once you leave employment. In some cases the transfer of the pension to your next employment is possible. Other pensions allow you to keep paying into them once your circumstances change and if this is the case then you don’t need to worry about reclaiming the amounts. If, for whatever reason, you have a pension into which your payments halted, you could be able to reclaim the money now.
FREEPHONE 0333 002 2198 where one of our UK based agents will be happy to help.