Under one roof: the benefits of consolidating your pensions

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Putting multiple pensions into a single pot could leave you better off in retirement.

This article first appeared on Your Money. Consolidating products is often cost effective and convenient. Buying TV and broadband or gas and electricity packages from one provider, for example, is becoming commonplace. But when it comes to our pensions, we seem content with leaving our pots of money scattered among various providers until we retire. One in six workers has lost track of a company pension fund after moving jobs and 76% have no idea how much their contributions amount to, according to Prudential research. Forgetting about a pension is akin to throwing your hard ear...

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