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If you are worried about the Lifetime Allowance (LTA), we understand. LTA is a limit on the amount of pension benefit that can be drawn from pensions schemes without an extra charge being triggered.

Not only can the LTA seem complicated, it can also come across as an instrument that does little more than unfairly punish the most prudent and hardworking of retirement savers, particularly those who have taken advantage of what Albert Einstein once dubbed the “eighth wonder of the world”: compound interest.

The days of the “job for life” with a single employer are, for most of us, long-gone and we are now far more likely to have multiple jobs paying into a number of different pension schemes. This means tracing old pensions when you retire – whether defined benefit, defined contribution or private stake holder. In order to get an accurate and full idea of your pension wealth it is essential that you begin finding lost pensions to factor every single one into a total valuation.

Pension transfers are a hot topic at the moment, especially if you’re an expat and want to transfer pension pots overseas. And if, like many, you have lost track of the various pension pots you have amassed throughout your career, it can be hard to gather together all the information you need to decide whether a pension transfer would be in your best interests.