Ian Dibb
Co-Founder & CEO
23/10/2024 @ 11:02:16
Keeping track of pensions might not be the most thrilling topic, but with so much of your hard-earned money tucked away in them, it’s essential to know where they are. If you’ve lost track of a few pensions over the years, don’t worry—you’re not alone!
A recent poll showed that while 65% of people know where their pensions are, a surprising 35% are unsure, and 3% have no idea at all. This highlights a common issue: many of us lose track of pensions as we move through different jobs and life stages.
The Great Pension Puzzle
How does someone lose a pension? It’s easier than you might think! Thanks to auto-enrolment, a new pension pot often gets started for us whenever we switch jobs. While that’s brilliant for building our retirement savings, it can also mean we accumulate multiple pensions over time, sometimes forgetting about older ones.
In fact, the Association of British Insurers estimates that there’s a staggering £26.6 billion sitting in unclaimed pensions in the UK, tied up in around 1.6 million lost or forgotten pension pots. That’s a lot of money potentially waiting to be found!
Why Do We Lose Track of Pensions?
With job changes, moving house, and the general hustle and bustle of life, pension details can easily get lost along the way. Many of us don’t think much about pensions until we’re approaching retirement, by which time there could be a few pots we’ve forgotten about.
On average, a person has 11 jobs throughout their lifetime. That’s potentially 11 different pensions to keep tabs on! With each job change and move, it’s easy for details to slip through the cracks, leaving you asking, Where on earth is that pension from my first job?
How the Keylu Career Wallet Can Help
The good news is that there’s a simple solution to keeping your pensions—and other important work-related documents—organised. Enter the Keylu Career Wallet.
Designed to help you stay on top of all your employment-related paperwork, the Career Wallet allows you to store secure backups of your pensions, so you always know where they are. No more hunting through old files or trying to remember login details from years ago—everything is in one secure place.
But it doesn’t stop at pensions! The Career Wallet is perfect for storing other vital employment documents like contracts, payslips, certificates, and more. It’s like having a digital filing cabinet at your fingertips, helping you stay organised and prepared for whatever comes next.
Why Get Organised Now?
Sorting out your pensions isn’t just about making life easier for yourself—it’s about securing your financial future. The money in your pension pots could make a real difference when it comes to retirement, so it’s essential to know where it is and how much you’ve saved.
By storing your pension details in the Keylu Career Wallet, you can access everything in one place whenever you need it. Whether you’re consolidating pensions, checking your savings, or just getting ready for the future, the Career Wallet gives you the peace of mind that comes with being organised.
Take Control of Your Pensions Today
If you’re part of that 35% who isn’t sure where all your pensions are, now is the perfect time to get organised. With Keylu’s Career Wallet, you can store all your pension information and other vital employment documents in one secure, easy-to-access place, ensuring you’re ready for whatever life throws your way.
Sign up to Keylu today and start taking control of your pensions and your future. Your financial future will thank you!
