Govt launches website to help trace £400m in unclaimed pensions

The website, part of the Pension Tracing Service, has been established to help people track down lost savings. About £400m of unclaimed pension savings is waiting to be claimed, the DWP said. It said pension freedom reforms had given savers more flexibility over their savings which would increase demand on the Pension Tracing Service. Pensions minister Ros Altmann (pictured) said: "People have had on average 11 jobs during their working life which can mean they have as many workplace pensions to keep track of. "The new DWP online Pension Tracing Service helps reunite people with th...