With job changes, each new employer might well create a new pension scheme for the employees, and “old” pots, unless ported across, can get forgotten about.
A 2022 figure indicated some £26.6 billion was held and about 3 million pots not matched to the owners.
If you think you may have a lost or dormant pension pot, it can be quite straightforward to track them down. With your National Insurance number, the names and addresses of your previous employers, and using the Government’s Pension Tracing Service, you should be able to find out everything you need to know.
Please contact us if you need any assistance or would like us to help you.