UK. Pensions dashboard: Why it would be crazy to ditch one of the most common sense ideas to come out of government
“What have you lost?” your colleague asks as you desperately retrace your steps.
“My pension!” you cry.
Okay, well that never happened. But imagine for a second that we were to treat our misplaced pensions in the same way we treat lost phones.
In the UK, billions of pounds of pension money is currently “lost” – not in a stock market crash or stolen through fraud, but instead misplaced and unclaimed. The reasons for this are multifaceted, and have plenty to do with inertia. But it’s also a problem that is set to get worse.
Read More: City AM
