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flag A UK study shows it takes about seven minutes to trace a lost pension using a free government tool, with millions still unclaimed.

flag A UK study found it takes an average of seven minutes and 29 seconds to start tracing a lost pension using the government’s free tool, with 400 participants successfully locating provider details. flag Lost pensions, worth an average of £9,500 each, are estimated to number up to 3.3 million, despite the service handling 274,000 calls in under five years. flag Experts urge individuals to review past employers, check old paperwork, and use the tracing service, with a new pensions dashboard set to launch for easier tracking. flag Consolidating pensions is advised, but only after comparing fees, investments, and support.

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