Pensions - Articles - New rules to protect value of small pension pots

 “Every penny of your pension counts, particularly as the cost of living and high inflation continues to impact us all. So safeguarding people’s savings by removing the flat fees on pension savings worth less than £100 is a positive step. There is a growing number of small pension pots, many of which savers are not even aware of, as people change jobs and take on short-term work more frequently.

 People should consider tracing and consolidating these pots to maximise the total value of their retirement savings and ensure they do not see them negatively impacted by fees.”