Be warned though: from time to time, businesses are set up to offer similar tracking services to people who have lost pensions. https://www.phoenixlife.co.uk/customer-centre, http://www.phoenixlife.co.uk/customer-centre, https://www.pru.co.uk/contact-us/identifying-older-policies, Risks and Benefits of Pensions Dashboards, Pensions Dashboards: "The digital retirement revolution is here at last". Understand the pros and cons behind putting your pension savings into a workplace pension versus paying into a personal one instead. That would mean the average lost pension is worth around 23,000. With many of our policies you will be able to log into MyAviva and do the following: Manage your pension and retirement policies, View all investments and savings products, Existing customers manage your life cover, Business health, protection and wellbeing, Business health insurance for 2-249 employees, Business health insurance for 250+ employees, Existing customers manage your health products, Business Buildings and Contents Insurance, Existing customers - manage your investments, Pension annuity (guaranteed income for life), Existing customers manage your retirement, Helping you manage your money Cost of living, Flexible pension withdrawals: 7 factors to consider, Things to consider to make your pension last, A decade by decade guide to retirement saving. He now works as a freelance writer for a wide range of business and finance publications. If your forgotten pension scheme was run by a company you worked for, you should contact them first. Admin Charges: Sipp fee: 12.99 pm Transfer In Existing Pensions: More info Open a SIPP today and pay no fee for your first 6 months. The Life and Long-term Savings industry is committed to finding customers they have lost contact with, so that they can keep them informed regarding key events and information on the policies they have. The Financial Conduct Authority (FCA) has been looking very closely at all pension schemes and the advice given to customers by pension advisers as there has been concern that these have been increasingly mis-sold. Crown Financial Management is now administered by ReAssure. Friends Provident is now administered by Aviva. Norwich Union is a strong advocate of financial advice for people looking to plan for their retirement. The main information youll need to provide is: If youre still struggling to make progress, you can contact the Pension Tracing Service. A low cost award-winning SIPP that gives you a choice of over 40,000 investments; Selected funds; Ready made portfolios. This is a free service you can use to trace lost accounts, pensions and investments. This is providing you had completed two years service. Theres a link below to a template letter for you to complete and send to them. However, if your employer provided access to a personal or stakeholder scheme, contact the pension provider if you know their details. Employers make tax-exempt contributions on behalf of the workers.