There is also a concern that you could lose track of your pension pots and forget about one. This guide will explain the rules around small pensions and when you can and cannot withdraw them.

A new report from the Institute for Fiscal Studies (IFS) has brought renewed attention to the issue of small pension pots, highlighting the challenges they pose for savers and the broader pensions ...

Millions of small pension pots risk being lost or gradually eroded by charges, a new report from the Institute for Fiscal Studies (IFS) has warned. With many workers changing jobs frequently, the ...

There is a “strong case” for deferred small pension pots to be consolidated by default, according to the Institute for Fiscal Studies. In a report published today (February 12), the IFS ...

The number of deferred small pension pots is large and growing, says the Institute of Fiscal Studies. This will at least be partially due to auto-enrolment, and as such the number is likely to grow ...

even making small regular or one-off contributions now can significantly increase the size of a pension pot over time.” She adds that it's encouraging to see that younger savers are forecast to ...

A friend had a £50,000 defined contribution pension which he had to liquidate during Covid. I had a defined benefit pension which was significantly larger but did not exceed the old £1m lifetime ...

written by Thea Coates Finance Reporter 19 th Feb 25 4:22 am Retirees could be at risk of emptying their pension pots a decade early, as they take large cash lump sums and withdraw too much in ...

This has created a plethora of small pension pots which are easily forgotten.” To locate a lost pension, people can use online tools such as Gretel or the Government’s Pension Tracing Service.

In contrast, men are projected to see their pension pots emptied by age 83, according to the research. This disparity highlights the significant financial vulnerability women face in retirement ...