Are millions missing out on pension growth?

Brits who actively manage their pensions and ensure their money is in top-performing funds could see their retirement savings soar by as much as £500,000, according to new research from PensionBee.

But many are missing out. A lost pension worth just £10,000 at age 30 could cost savers more than £20,000 in lost growth over time. And with an estimated 4.8 million pension pots already missing in the UK, that number is set to skyrocket by 130% by 2050 if no action is taken.

With millions at risk of financial insecurity in later life, now is the time for action.

Ros spoke to Lisa Picardo, chief business officer for the UK at PensionBee.

Photo by Colin Watts on Unsplash