Martin Lewis warns millions could have lost pensions worth £10,000 on average
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Martin Lewis warns millions could have lost pensions worth £10,000 on average.
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Martin Lewis has urged anyone who has changed jobs or moved home to check whether they could be missing out on forgotten pension savings worth thousands of pounds.
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Speaking on this week's The Martin Lewis Money Show Live on ITV, the MoneySavingExpert founder warned that more than £30billion in pension savings is believed to be lost across the UK, with the average missing pot worth just under £10,000."There's over £30billion, 30,000 million pounds of pensions, are thought to be lost.
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An average of just under £10,000 each," Mr Lewis said.
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TRENDING Stories Videos Your Say He directed the warning particularly at people in their 40s, 50s and 60s who may have worked for several employers over the years, noting that workers who changed jobs multiple times are among those most likely to have unclaimed pension pots.Many pensions become lost because providers lose contact with customers after they move house without updating their details.Changing surname after marriage can also make it harder...
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