Pension-finding tool Raindrop has reunited customers with £447 million in lost pensions during Q1 2026

Pension-finding platform, Raindrop has reunited customers with £447 million in lost pension savings during Q1 2026 – a 309% increase on the £109 million found over the same period last year.

During Q1 2026, Raindrop has found 61,858 pots – a 497% increase on the 10,361 pots found over the same period last year.

In total since launch, Raindrop has located £1.6 billion in pension savings from 166,000 lost or forgotten pots for customers by working with some of the UK’s largest financial providers like Aegon, AJ Bell and Monzo to track down pensions for their customers.

With research from the Pensions Policy Institute (PPI) revealing that £31.1 billion is estimated to be sitting in lost pension pots in 3.3 million lost pots in the UK, there is a need for effective pension tracing solutions.

The average age of savers looking to track down lost pension pots using Raindrop’s tool is 38, as more working age adults look to plan in advance for their retirement.

However, there is still a disparity between the number of pots tracked down by men and women. During Q1 2026, 67% of pots tracked down using Raindrop’s pension-tracing technology whilst 33% of pots were found by female savers*. 

Vivan Shridharani, Co-Founder & CCO at Raindrop, said: “There is huge consumer demand for simple pension-finding tools as people look to take control of their retirement savings. Lost pots remain a major issue in the UK, and locating lost pensions by yourself can often be a difficult and complex process requiring a great deal of time and effort. Tools such as Raindrop’s pension finding platform enables savers to simply track down their lost pots with minimal hassle and ensures they are maximising their retirement savings. 

“Raindrop’s technology will have soon found over £2 billion in lost pots for UK savers as we continue to work alongside some of the UK’s largest pension providers to offer simple pensions-tracing tools.”

“In order to meet this demand, pension providers and financial institution are increasingly looking to support their customers by working with specialist fintechs like Raindrop who can unlock access to the technology to find misplace pension pots quickly and efficiently for savers. Not only can providers enhance their support for their customers, this approach also supports consolidation giving savers the option to bring their pots together making them easier to manage and often reducing fees.”

* Based on figures where gender is provided by individuals making pension-tracing requests through Raindrop’s platform.