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
P&O Ferries workers may have lost out if they have been encouraged by financial advisers to transfer their final salary pension to a private scheme.
Mis-sold Pensions help clients find out if transferring their P&O Ferries Pension scheme was the right thing to do and if was not, whether they are owed compensation.
Working on a no win no fee basis, you pay us nothing if your claim is unsuccessful.
Have you transferred out of your P&O Ferries pension?
Get claims advice now.
If you or a loved one have transferred out of a P&O Ferries pension scheme, then you may be entitled to compensation.
Moving from a final salary, also known as a defined benefit or company pension scheme, is not usually the best long term option. However, many P&O Ferries workers, particularly after redundancy, may have been told by Independent Financial Advisers (IFAs) to transfer their pension into private schemes, including Self Invested Personal Pensions (SIPPs) and in turn, lost out.
As final salary pensions are a very solid and dependable source of retirement income, there must be good reasons to transfer this into another private pension, including SIPPs.
FAQs
FINANCIAL CONDUCT AUTHORITY WARNING
Government-backed City watchdog, the Financial Conduct Authority (FCA) has joined forces with The Pensions Regulator (TPR) and the Money and Pensions Service (MaPS) to work with the pension scheme to make sure that members tempted to transfer their pension following redundancy are not exploited by IFAs.
In April 2022, the FCA, TPR and MaPS jointly confirmed:
- Current and former employees of P&O are urged not to make any quick decisions about their pension following recent media reports.”
- “The Financial Conduct Authority (FCA), the Pensions Regulator (TPR) and the Money and Pensions Service (MaPS) are raising their concerns given the heightened risk of pension transfers following recent redundancies. The FCA and TPR warn that transferring out of a defined benefit pension scheme is unlikely to be in the best interests of most people.”
- “The FCA regulates pension transfer advice and has taken significant action where it considers that firms have not met the standards of advice and behaviour expected for financial advice. The FCA is repeating its guidance to those providing advice on pension transfers that they ought to start from a position that a transfer is unlikely to be in most people’s best interest.”