Claims: Compensation
for Unsuitable Advice
negligent advice and mis-selling.
Pension mis-selling can leave people
out of pocket for retirement.
compensation claim.
to investigate and explain the risks
of pension transfers.
No Win, No Fee, No Risk
We work on a no-win no fee basis, therefore, you won’t pay a single penny unless you have a successful claim. At the Legal and Claims Group, we work with the UK’s top solicitors. Therefore, we have a 95% success rate. We will cover all costs up until you have a successful claim. So, what are you waiting for? As there could be a limited time to submit your claim.
Testimonials
Pension transfer claims can happen if you were wrongly advised to transfer your final salary, defined benefit scheme.
Have you transferred out of your workplace pension scheme?
Pension transfers are a big decision and transferring out of a final salary scheme is rarely good advice. However, many people were advised to do that due to negligent financial advice. Mis-Sold Pensions are financial mis-selling experts and specialise in helping clients claim compensation when they have been given negligent financial advice to transfer their pensions.
Those who received negligent financial advice to transfer out of their defined benefit pension scheme were often mis-sold the benefits of doing so. For those looking to recover their pension money, there are strict time limits within which to make a compensation claim. It is therefore important to get specialist help as soon as possible. Do not leave yourself out of pocket for your retirement.
FAQs
WHAT IS FINAL SALARY PENSIONABLE PAY?
Also referred to as a defined benefit pension or final salary schemes, these are a type of workplace pension. Rather than gradually building up a pension pot for retirement, it provides a specified pension payment for the rest of your life, depending on your final employee terminal earnings or average salary. A defined benefit may be provided as a lump-sum payment or a series of payments. Some of these schemes also have generous death benefits.
As defined benefit pension or final salary schemes are usually a very solid and dependable source of income for retirement, there must be an extremely good reason for someone to want to transfer this into a riskier type of investment.
Getting the right financial advice on this is very important. There are strict rules provided by Government watchdog, the Financial Conduct Authority, that financial advisers must follow to ensure the pension transfer has not been mis-sold. If you feel that you weren’t given the right pension advice, please contact us and we can talk through your options.
WHO IS AFFECTED BY DEFINED BENEFIT PENSION TRANSFERS (FINAL SALARY TRANSFERS)?
People who worked in the public sector or nationalised industries, such as those listed below, may have been a member of a defined benefit/final salary employer pension scheme:
- Miners
- British Steel
- Railways
- British Telecom
- NHS
- Dockers
- Local Government
- Civil Service
- Teachers
- Armed Forces
- Emergency Services
- Rolls-Royce
- Jaguar Land Rover
- Transport for London
- Barclays Bank UK