ONS figures show UK 'drowning in a sea of small pots' - Adrian Boulding

In 2015 the number of preserved pension entitlements was 11.8 million but this rose to 15.4 million in 2016, according to the ONS. Since automatic enrolment, all employees earning above the earnings threshold have been enrolled into a pension scheme. As a result, those who switch jobs relatively often can have small pots dotted around the pensions landscape. Dunstan Thomas director of retirement strategy Boulding (pictured) warned the existence of so many small pots meant there was a real danger of members losing out on money if they failed to keep track of the companies they had a pe...