Pension-Finding Platform Raindrop Reunites Customers With Almost £220 Million in Lost Pension Pots During H1

Raindrop, the pension-finding platform, reunited customers with nearly £220 million in lost pension pots during H1 2025. The Raindrop lost pensions success reflects growing demand for tech-driven financial recovery tools.

Almost 20,000 lost pension pots have been tracked down by Raindrop’s solution in first six months of 2025 – up 196% on the 6,611 pots located during the same period in 2024. The average pot size located during H1 is £11,200.

Since launch, Raindrop’s solution has reunited savers with over £600m from 50,000 lost pension pots. The largest individual pot uncovered by Raindrop’s solution had a total value of £1.16m.

Raindrop’s pension finding technology enables savers to locate lost pots. Raindrop works with banks, pension providers and financial advisers including AJ Bell and Standard Life. Future partnerships will unlock access to Raindrop’s simple pension tracing tool to reunite millions of UK savers with their lost pension pots.

Through these integrations with some of the UK’s largest financial providers, almost 45,000 pension savers have already made use of Raindrop’s solution and are tracking down their lost pots. As these solutions are increasingly rolled out with existing clients and Raindrop partners with more providers, millions of savers will have access to the solution.

Research from the Pensions Policy Institute (PPI) revealed that £31.1 billion is estimated to be sitting in lost pension pots. There are almost 3.3 million lost pots in the UK, with an average value of nearly £9,500.

Yet with eight in ten (81%) working-age adults admit they aren’t sure where all their pension pots are and a fifth (19%) are really concerned they don’t have enough saved for retirement, it is vital that savers are offered more tools and support to locate lost pots.

Vivan Shridharani, Co-Founder & CCO at Raindrop, said: “Through our collaborations, we’ve reunited savers with millions of pounds – however, billions are still sitting waiting to be found. There is strong consumer appetite to track down lost pension savings and we are planning new tie-ups with financial institutions and pension providers to enable millions more customers across the UK to track down lost pension pots. Many people may wish to consolidate their savings into one pot to potentially reduce fees and offer greater oversight of their total pot value, but the first step needs to be ensuring they have located all their pots.

“Raindrop’s solution provides some of the UK’s largest financial providers with the simple tools to empower customers to take track down lost pots and take control of their retirement savings. Previously, locating lost pension savings has been notoriously challenging with many barriers in place, providers are increasingly embracing simple tech solutions to do the heavy lifting and reunite savers with unclaimed pots, often in a matter of days.”