Pension savers risk losing thousands of pounds in retirement by having multiple pension pots. Merging pots together could reduce account fees and give savers access to a wider range of investments. With the average person having up to 12 jobs over a lifetime, it’s vital they don’t lose out on money that they’ve paid into their workplace pensions. There are around 2.8 million lost pensions in the UK worth around £26.6billion – an increase of 73 per cent in the past four years alone. While it is easy to lose track of old pension pots, experts warn that doing so could see thousands of pounds wipe…
