Workplace pension scheme provider Nest has launched a free pension finder service to help its 14m members track down 'lost' pension savings from previous jobs.

More than 800,000 pension savers tried to trace an estimated £31bn in ‘lost pensions’ in 2025, according to a Freedom of Information request.

The total value of ‘lost’ pension pots - pensions which have become ‘disconnected’ with their owners - increased by £4.5bn from £26.6bn to £31.1bn between 2022 and 2024, by the Pensions Policy Institute (PPI) has revealed in a new report.

A fifth of people (19%) with multiple pensions think they’ve lost track of at least one of their retirement savings pots, according to new research from Standard Life.