This service is extremely useful if you want to track down ‘lost’ pensions. The Pension Tracing Service has been set up by the Department for Work and Pensions (DWP). It’s a free online service which is simple to use and provides trace results immediately. You can enter your former employers’ details into the online database and are provided with contact details for pension schemes you may have paid into.

The DWP website www.gov.uk/find-pension-contact-details enables people to search a database of more than 320,000 pension scheme administrators.