A Norfolk-based financial advice firm is urging local people not to overlook their retirement savings, as new figures show billions of pounds in UK pensions are currently unclaimed.
To mark Pensions Awareness Week, 15th -19th September, Planit Financial has launched a free Pension Health Check, a quick online quiz that helps people understand if they’re on track for retirement.
“Most people wouldn’t ignore their health or skip an MOT on their car, but when it comes to pensions, too many people put it off,” said Rebecca Penny, Managing Director at Planit Financial. “We know from speaking to clients that pensions feel complicated and overwhelming, which is why we’ve designed this free tool to make it simple and accessible.”
The health check takes on average five minutes to complete and includes 25 simple questions. At the end, users receive a personalised report highlighting the health of their pension and any steps they may need to take.
According to recent research, over £31.1 billion worth of pensions are currently unclaimed in the UK, often because people have lost track of old workplace pensions or don’t understand what they’re entitled to. Planit Financial hopes the free Pension Health Check will encourage more people across Norfolk to take action.
The tool is available now at https://getinvolved.planitfinancial.co.uk/pension-health-check and is open to anyone, with no cost and no obligation.
“Even if you only spend three minutes on it, it could make a big difference to your financial future,” added Penny.