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“This is your money that you worked hard for, so it
makes sense to know how much you have, where it is
invested and whether it could work harder for you”
their lifetime. In normal years,
about 10 per cent of people switch
jobs. This year it is going to be a lot
higher and the introduction of auto
enrolment in 2012 means most of
these will come with a new pension.
Many people leave pensions
behind at old providers for years.
Bringing them together is a much
better idea, but can be a tedious
and sometimes near-impossible
task, involving reams of paper,
forgotten passwords and agonising
conversations with call-centre staff.
Your money
Despite these challenges, Adrian
Lowcock, head of personal investing
at Willis Owen, says keeping on top
of old pensions and consolidating
them is vital if you want to maximise
long-term returns.
“This is your money that you worked
hard for, so it makes sense to know
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