1 in 20 people have a lost pension and over 26.6 billion pounds are lost in misplaced pensions, which divides roughly into 2.8 million pension pots, worth an average of £9,500.
Although you may still have a decade or more to prepare for retirement, it is fast approaching and now may be the perfect time to make sure you have enough to have a financially happy retirement.
If you were due to receive an annual benefit statement because it’s the month you were born, it will now be issued by the end of October while we make some improvements.
And breathe! After the financial turbulence of many people’s 30s associated with raising a young family, you’re probably enjoying better financial security and perhaps more money to spend on yourself in your 40s.
Moving abroad is a goal for many when they retire, perhaps one that you’re aiming for. When it comes to your pension, there are a few things to think about when moving abroad permanently or buying a second home outside of the UK.
Each of Railpen Limited (registered in England and Wales No. 2315380) and Railway Pension Investments Limited (RPIL) (Registered in England and Wales No. 1491097) is a wholly owned subsidiary of Railways Pension Trustee Company Limited (Registered in England and Wales No. 2934539). Registered office for each company: 100 Liverpool Street, London EC2M 2AT. RPIL is authorised and regulated by the Financial Conduct Authority for some of its activities. The administration of occupational pension schemes is not a regulated activity. Full details about the extent of RPIL's authorisation and regulation by the Financial Conduct Authority are available from us on request.
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