Quarter of UK adults have 'lost' a pension

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Nearly a quarter of adults (23%) in the UK have lost track of at least one pension pot, according to research from charity Age UK.

However, the research also found that almost a third (30%) of those who had lost a pension pot would make an attempt to find it, although many remain unsure on how. The trend is a result of shifting cultures in employment, as nearly a quarter of 25-34-year-olds have already had five or six employers, which the same as the lifetime average for those over 65, according to the charity. Almost half of those who have lost a pension are also unclear as to how they lost track, while a fifth have disregarded the paperwork. However, on realising they have lost track of their savings, nearly...

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