Penny in The Sun: Gary found £100k
28 May 2024
We couldn't be more thrilled here at Penny. One of our members, Gary Pritchard, was just featured in The Sun for an amazing reason: he found nearly £100,000 of lost pension savings! Let's dive into how he did it and what this means for his future.
Gary's Journey to Financial Discovery
Gary, a 56-year-old pharmaceutical worker from Coventry, wasn't expecting a lavish retirement. However, everything changed when he used the Penny app to track down his lost pensions. Now, he's eyeing globetrotting adventures and a more secure retirement.
Like many of us, Gary had a history of various jobs and lost track of his pension paperwork along the way. He knew he had old pensions but had no idea how to find them or where to start looking.
The Big Turnaround with Penny
When Gary discovered our app, Penny, his financial world made a 180-degree turn. With only basic information about his past employers and his National Insurance number, the Penny app started working on identifying his old pension pots.
Gary mentioned, “It was like winning the lottery every time." He would get notifications on his phone from Penny, letting him know another pension had been found. In total, he recovered an astounding 11 lost pensions!
Gary is now in the process of combining all these small pension pots into one place. Consolidating pensions has several potential benefits, such as simplifying fees and making it easier to manage your savings.
Future Plans
Gary’s newfound pension wealth means he feels much more secure about his future. While he doesn’t plan to retire completely just yet, he is considering a sabbatical to travel the world. More importantly, the security of knowing his wife would be taken care of in case anything happens to him is invaluable.
How Does Penny Work?
Penny makes finding and consolidating your pensions straightforward. All you need to do is provide your name, National Insurance number, and any details you have about your previous employers. The app does the rest, tracking down your old pots and combining them into one easily manageable pot.
Gary’s story is a testament to how lost pensions can significantly impact your retirement plans. If you think you might have old pensions floating around, why not give Penny a try?
Read the full article at The Sun website.
