Providers unveil plans for pensions dashboard

She said finding all of her clients’ pension pots can currently be prohibitively difficult. “At the moment I’ve got one that has taken over a year to trace. My client knows she worked there, but the employer has no record of it,” she said.

However, she was sceptical about asking the industry to pay for it.

Ms Sofat said: “The government is very good at coming up with things and then telling the industry to pay for it. There have already been a number of initiatives that have quite a bit of money spent on them without much thought.”