If you’ve changed jobs over the past few years, chances are you’ve left a workplace pension or two behind. The time to act is now. Also, you may want to read this guide on what happens to your pension when you change jobs.
And while those pensions are quietly growing in the background, here’s the harsh truth:
Many are stuck in default funds, which are pre-selected investment options chosen by your pension provider, that aren’t performing as well as they could.
This week alone, I’ve helped clients review their current pensions — and in some cases, transfer their old ones — and the results were eye-opening.
That’s why I’m now offering a Free 1:1 Pension Review. Don’t let your hard-earned money sit in a pension that’s not working for you. Sign up for the review today and take control of your financial future.
📚 Related Reading:
Types of Pensions in the UK Explained
Most workplace pensions automatically invest your money in a “default” fund, designed to be one-size-fits-all.
But your goals, age, risk level, and financial situation aren’t the same as everyone else’s.
Here’s why that matters:
📉 Default funds often carry low to moderate risk, which may not deliver long-term growth.
🕰️ They’re not tailored to your retirement timeline or personal circumstances.
📦 You may have several old pensions scattered across different providers, making it difficult to track how each is performing.
Not sure what type of pension you have? Here’s a helpful overview of pension types in the UK.
Real-Life Example
One of my clients recently changed jobs, and we reviewed his old workplace pension before transferring it into a Self-Invested Personal Pension (SIPP). We discovered that his pension was invested in the provider’s default fund — a diversified mix made up of approximately 70% equities, 10% bonds, 5% gold, and other assets.
While this was a broadly diversified portfolio, it wasn’t necessarily optimised for his situation. He’s still many years away from retirement and currently in the wealth accumulation phase, which means he is in a stage where he can afford to take on more risk for potentially greater reward, as he has time on his side.
When we compared the historical performance of that default fund to a more growth-focused alternative, the difference was striking:
The default fund had returned around 20% over the past 5 years.
The alternative growth fund delivered close to 38% in the same period
Of course, past performance doesn’t guarantee future results, and market volatility is always a factor. Still, this example shows how default options aren’t always the most suitable, especially for those with long-term investment horizons.
By tailoring his pension strategy to match his time frame and goals, he’s now in a better position to grow his retirement savings more effectively. This strategic shift has put him in a more secure position for his retirement.
What You’ll Get in the Free Pension Review
This is not a sales call. It’s a focused, value-driven 1:1 session designed to help you:
✅ Find old workplace pensions you may have forgotten about
✅ Check if your pension is in the right investment fund
✅ Understand your options (without overwhelming jargon)
✅ Take steps to make your money work harder
If you’d like to learn more about how pensions work in general, visit MoneyHelper’s guide to pensions.
Who Is This For?
This free session is ideal if:
You’ve changed jobs at least once in the last 5–10 years.
You’re unsure where your pensions are or how they’re performing.
You want to take control of your retirement planning, but don’t know where to start.
📈 Investing Notice: This content is for information only and not investment advice. Always research and seek professional guidance before investing. See full disclaimer.
Are You Losing Money in a Default Pension Fund? Book Your Free Review Today
Have you changed jobs and left your pension behind? Many workplace pensions are stuck in default funds that underperform. In this blog, discover why a free 1:1 pension review could help you grow your retirement savings and take control of your future. Perfect for anyone unsure where their pension stands.
Trading 212 Review UK: A Simple Guide to the Best Commission-Free App for New Investors
Wondering if Trading 212 is the right app to start your investment journey? This beginner-friendly review breaks down the key features, fees, and tips you need to know.
Cash vs Stocks & Shares LISA (2025): How to Choose the Best Lifetime ISA
Explore the key differences between Cash and Stocks & Shares Lifetime ISAs to find the best fit for your financial goals in 2025. Learn about risk, growth potential, and how each option supports your journey to homeownership or retirement.
Final Thought
You don’t need to be an expert to build a strong financial future, you just need to ask the right questions and take small, consistent steps.
And reviewing your pension is one of the most powerful (and often ignored) steps you can take.
So ask yourself:
Is your pension really in the right place?
If you’re not 100% sure, let’s talk.
Spaces are limited each month so I can give each review the attention it deserves.
📥 PS:
Want free financial tips like this each month? Join my email list and get resources to help you plan, save, and invest wisely.
