New Data Reveals Millions Missing Out on Money
Discover how you may be entitled to unclaimed funds that you are missing out on.
The Cost of Living Crisis
In the midst of a cost of living crisis, millions of individuals are missing out on billions of pounds due to various reasons.
- Changing Jobs and Addresses
- Marriage and Divorce
- Financial Firms Changes
The Growing Problem
Research indicates that there are approximately £89 billion in unclaimed funds, including bank accounts, insurance policies, pensions, and Child Trust Funds.
Over 2.8 million missing pension pots have been identified, with a total value in the tens of billions of pounds.
Tips for Finding Lost Pensions
- Gather Information: Locate old paperwork or use the government’s pension tracing service.
- Contact the Pension Provider: Use the information obtained to reach out to the pension firm.
Child Trust Funds
Almost a million unclaimed funds worth £1.7 billion are waiting to be claimed. Use free online calculators to check your eligibility.
Unclaimed Benefits
£23 billion in unclaimed benefits are left untouched each year. Use benefits checkers to understand your entitlements.
Dormant Bank Accounts
There is more than £79 million in unclaimed premium bond prizes. Use My Lost Account website to trace dormant bank accounts and premium bonds.