Raindrop has recovered £218 million in lost pension pots in the first half of 2025, which is more than double the £104 million recovered during the same period last year.
Nearly 20,000 lost pension pots were found between January and June 2025, up 196 per cent on the 6,611 pots located in H1 2024.
Raindrop’s pension tracing tool connects with banks, pension providers, and financial advisers, including AJ Bell and Standard Life, to help savers find missing pensions. Almost 45,000 people have already used the tool through integrations with some of the UK’s biggest financial institutions.
According to Raindrop, it has helped reunite savers with over £600 million across 50,000 lost pension pots since launch.
Raindrop co-founder & CCO Vivan Shridharani says: “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.”
