Financial journalist Claer Barrett, appeared on Lorraine today to discuss how you can track down missing pensions, which could be worth thousands of pounds.
Around 3 million pensions worth a staggering £65 billion are estimated to be lost, meaning many people are missing out on thousands of pounds.
She added: 'If you think about how employment has changed since when our parents had a job for life or a very small number of jobs, nowadays, the average worker does seven or eight roles within their working life. 'So that's a lot of little pension pots that we collect throughout our working life and often it's not until retirement, or maybe we hit a significant birthday, that we actually think,"crikey, what have I got?".'
'So go through your CV and work out where you used to work. Also, it's a great excuse to get in touch with old colleagues, because they might know who the pension provider for your firm was, because it's workplace pensions we'll be talking about. 'Now you can do a template letter on Money Helper once you find out the details of who your pension might be.
'Again, it's a government backed service. It gives you guidance on what you could do with those pensions. '
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