Find lost pensions
Weâre all moving jobs and homes a lot more these days. This is causing chaos in pension land.Â
Whether weâve forgotten about old workplace pensions from previous jobs, a personal pension set up years ago or weâve moved house and not told our pension provider the new address, lost pensions are a growing problem.Â

When it comes to a pension we need to know where it is, what itâs invested in and how itâs growing.Â
Retirement might feel a lifetime away, but one thing is certain, youâre going to need some savings.
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Reasons to trace a pensionÂ
Every new job brings with it a new pension pot.Â
Itâs easy to lose track of where your pension is and who is looking after it, but there are good reasons to find old pensions and keep track of them:Â Â Â
- Itâs your money. Donât throw away money youâve already done the hard work to earnÂ
- Know how your pensions are performing and whether youâre on track for your retirement goals
- Check your pension pots are invested in line with your values and goalsÂ
- Keep on top of charges and fees and if you are getting value for money
- Combine old pensions to keep them under one roofÂ
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What details do you need to trace a pension?
When it comes to tracing a pension, the more details you can provide, the better.
More information should mean itâs quicker to trace a pension.
Useful information to trace a pension:
- The name of your previous employer and the dates you worked there Â
- The name of your pension providerÂ
- Your pension account number. It might also be called a reference number, policy number, or member numberÂ
- Your National Insurance number
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How do I find out what pensions I have?
Find old workplace pensions
Workplace pensions are linked to your job but itâs likely the pension is run on behalf of your employer by a pension provider.Â
Itâs the pension provider that will be able to tell you the value of your old workplace pension and how itâs invested.Â
- Look for the paperworkÂ
When you join a pension scheme, you tend to be sent a big paper welcome pack and often youâre sent annual statements.Â
Getting your hands on any paperwork should help you find out if you have a pension and which provider your pension is with.Â
- Contact old employers Â
Previous employers will be able to confirm if you had a workplace pension and the provider your pension is with.Â
- Contact pension provider Â
If you know who is looking after your pension they will be able to help you get the extra details you need.Â
- Pension tracing service Â
Pension tracing services help you to find old pensions and often do the leg work for you.
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Find personal pension schemesÂ
- Look for the paperworkÂ
Personal pensions are often something that you set up yourself, so looking for any paperwork to confirm who the pension provider was, is a good first step.Â
- Check with your financial advisor Â
Personal pensions can also be set up by a financial advisor, so you could check with them directly for further details on who is looking after your pension.Â
- Contact pension provider  Â
If you know who you set your personal pension up with, check with the provider directly and they will be able to help you get the extra details you need.Â
- Pension tracing service Â
Pension tracing services can still help you find personal pensions but you will have to provide them with the name of the pension provider first.
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How to use a pension tracing service
Pension tracing services all have the same goal: to help you find old pensions. But how they help you find old pensions is different.Â
Some services like the GOV.UK pension finding service offer a DIY approach, providing you with a database of pension providers to search through. Itâs then up to you to contact the pension provider and get the details of the pension.Â
Other pension tracing services do the leg work for you.Â
The Freetrade Pension Tracing service is one of these. We start by finding your old pension providers (unless you know them already) and then we ask your provider for key pension details. Once we have your permission of course.Â
You can kick this process off in your Freetrade app or check out our pensions page for more details on opening a SIPPÂ account.
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GOV.UK pension tracing serviceÂ
The UK governmentâs pension finding service is a database with the details of pension providers for both personal and workplace pensions.Â
Here are a few things to know:Â
- Youâll need the name of your pension provider or employer to start the searchÂ
- It canât tell you whether you have a pension or what the value is, the service can only provide contact detailsÂ
- The system relies on pension companies and employers keeping the government informed of contact and pension details. So it may not always be up to date.Â
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Are pension tracing services free?Â
There are a few pension tracing services out there and while some are free, many charge a fee.Â
The Freetrade pension tracing service is free and there are no strings attached.Â
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How to keep your pension pots safe
A few tips to avoid lost pensions:Â
- Update all pension providers with your new address when you move houseÂ
- Hang on to any documents or emails confirming pension detailsÂ
- Consider combining old pensions in one place through a SIPP
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FAQs
Are you entitled to a pension?
There are a few types of pension in the UK: workplace pensions, personal pensions and the state pension. While you might have all of them over your life they have slightly different rules when it comes to whoâs eligible for them and how you access them.
Workplace pensions - since 2012 UK employers have had to automatically enrol employees into workplace pension schemes. And thatâs the rule whether you work full or part-time.Â
To be enrolled in a workplace pension you have to:Â
- Work in the UK
- Be at least 22 years old and under state pension ageÂ
- Earn more than ÂŁ10,000 a year in the 2022/2023 tax year. If you earn less you can still ask your employer to join the scheme
- Not already be enrolled in a workplace schemeÂ
âPersonal pensions - anyone under the age of 75 in the UK can have a personal pension but youâll have to sign up for it yourself, you are not automatically enrolled.Â
State pension - the state pension kicks in later in life when you reach state pension age (currently 66 but thatâs set to rise to 67 by 2028 and to 68 by 2039).Â
The state pension age will change again in future, so the governmentâs state pension age calculator is a good place to start to check when you might be able to start claiming.Â
The amount of state pension youâll get depends on a few things like personal income and circumstance but one of the main determinants is your history of paying national insurance.
At the moment if you qualify for the full new state pension, youâll get ÂŁ179.60 a week.
To be entitled to a state pension youâll need at least 10 qualifying years on your National Insurance record. This means 10 years in which one or more of the following applies:Â
- You were working and paid National Insurance contributions
- You were getting National Insurance credits if you were unemployed, ill or a parent or carer
- You were paying voluntary National Insurance contributions
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How long does it take to trace a pension?
The time it takes to trace a pension will vary and really depends on how much information you have to start with. The more information youâre able to provide, the quicker the process can be.Â
Some pension providers will get back to you with your pension information within a few weeks but others can take longer. Generally, we guide it can take up to 12 weeks.Â
When it comes to combining old pensions this requires an extra step as youâll have to transfer a pension too. If youâre able to transfer your pensions digitally it will be a lot quicker.
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What are your options after youâve traced old pensions?Â
Once youâve traced old pensions there are two main options available to you:
- Keep your pensions where they areÂ
- Combine old pensions Â
Why combine old pensions?
- Easier to keep track of pension performance and costsÂ
- Less admin Â
- Make your own investment decisions
Why keep pensions where they are?
- You could lose pension benefits if you transfer awayÂ
- You could be worse off in terms of costs
Before transferring a pension itâs important to understand if youâll be better off or not by transferring.
Think about:
- Any difference in ongoing costs
- Whether youâll lose any benefits your current scheme offers like guarantees (which offer you a certain guaranteed income for life)
- If youâll be charged anything for leaving your current provider
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What if an employer no longer exists?
If an employer goes out of business the first thing to know is that your workplace pension is most likely protected. Funds in a pension scheme canât be paid to anyone the employer owes money to.Â
What happens next depends on what type of pension you have.Â
If your workplace pension is a defined contribution (DC) pension, where both you and your employer were contributing to your pension pot. The pension youâve built up will be safe because itâs kept and looked after separately by another company. Â
You should already have the details of the pension provider but if not you can look them up using the governmentâs pensions database. In the event the employer has gone out of business, the pension provider will most likely write to you.Â
If your workplace pension is a defined benefit (DB) pension (also known as a final salary scheme) itâs likely your pension will be protected by the pension protection fund, insurance or the company that acquired it.Â
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Can you find pensions with a National Insurance number?Â
Your National Insurance number is a useful piece of information to help you trace a pension as it will be registered with the pension provider. However, when contacting a pension provider itâs a good idea to have more information such as your full name and address, as the pension company will need to confirm your identity before passing over any information.
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Whether you're looking for pension basics or pension investment strategies we've got you covered. Our SIPPs explained guide is a great place to start. The question you need to keep in mind is how much will you need to retire? Whether you're starting a pension in your 20's and 30's or you need guidance for starting a pension in your 40's our guides offer clear and jargon-free guidance.
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