Over £50 billion of hard-earned pension cash is at risk of being lost in the UK as the number of pensions rises, new research shows. An estimated 4.8 million pension pots are already missing in the UK with nearly one in 10 workers believing they could have lost a pension pot worth more than £10,000. The number of lost pensions are set to rise by 130 per cent by 2050 as more people change jobs, and are automatically enrolled into their new workplace pensions. New analysis conducted by the Centre for Economics and Business Research, on behalf of PensionBee, found that younger workers (age 18) ar…
