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flag Many pension savers are unaware their funds are invested, leaving £31 billion in "lost" pots unreclaimed.

flag Over half of pension members know their savings are invested in various financial assets, but only 28% of women are aware. flag Workplace pensions default to funds that diversify investments to minimize risk, though they might not suit everyone's needs or risk tolerance. flag Understanding these investments can improve retirement savings. flag Moreover, there are about 3.3 million "lost" pension pots in the UK, worth £31 billion, which people can trace and reclaim through a government service, potentially adding £9,400 to their savings.

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