Mylo consolidates more than £250m in lost pensions as user numbers surge

Mylo has helped UK savers consolidate more than £250m in pension savings since it launched in September 2025. 

The app enables pension scheme members to track and combine lost pensions, and has seen more than 166,000 users register since launch. 

More than 21,000 pension pots have been consolidated using Mylo.

Nick Roy, commercial director of workplace at Aegon, said: “The fact that more than £250 million has now been consolidated through Mylo shows the growing demand for simple, digital solutions that help people take control of their retirement savings. 

“It’s encouraging to see so many scheme members actively reconnecting with pensions that may otherwise have remained forgotten, helping them build a clearer picture of their financial future.

“The rapid growth in Mylo’s user base and the level of engagement we’re seeing demonstrate the value of making pensions easier to find, understand and manage.”

Roy added: “As a business committed to the UK market for the long term, we continue to invest in innovative services that improve customer experiences and support better retirement outcomes.

“Reaching this milestone is a significant achievement, and another step in helping even more people engage with their pension savings and plan with greater confidence for retirement.”