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
Were you asked about medical conditions prior to purchasing a pension annuity?
If not, you may be missing out on extra income.
It is possible that you may be able to claim compensation for a mis-sold annuity. The Financial Conduct Authority has found that 80% of pensioners who purchased an annuity could have received a better pension income if they had been advised properly by the company they got their annuity from.
FAQs
PENSION ANNUITY MIS-SELLING BACKGROUND
We can advise and progress pension mis-selling claims for anyone who has:
When it comes to retirement, many people with private or company pensions will have cashed their pension pot in to buy an ‘annuity’. With annuities, in return for the money you had saved in the pension pot, the annuity provider will pay you an income for the rest of your life.
WHAT IS ANNUITY MIS-SELLING?
If you have suffered from certain medical conditions prior to your retirement, you are likely to have been entitled to an enhanced annuity. This takes into account your medical condition(s), and may have resulted in a 20% – 100% increase in your pension income. Annuity mis-selling has occurred when a person is not properly advised about their entitlement to an enhanced annuity.
Even those without medical conditions may be missing out. It is common to purchase an annuity from the company you have been saving with, not knowing that you could go to another provider. If your pension company did not make this clear to you, you may have a case for a mis-sold annuity.
WHICH MEDICAL CONDITIONS ENTITLE SOMEONE TO ENHANCED ANNUITY?
It’s difficult to give a definitive list of medical conditions, but if you suffered from one of the following prior to your retirement you are likely to have been entitled to an enhanced annuity:
- Angina
- Aortic aneurysm
- Artrial fibrillation
- Cancer
- Cardiomyopathy
- Chronic congestive heart failure
- Chronic kidney failure
- Chronic lung disease – for example,
COPD, Bronchitis, Pneumoconiosis - Crohn’s disease
- Diabetes
- Epilepsy
- Heart attack
- Heart Bypass
- Heart valve disorders
- High blood pressure
(for which you were receiving treatment) - High Cholesterol
(for which you were receiving treatment) - Multiple sclerosis
- Parkinson’s
- Peripheral vascular disease
- Rheumatoid arthritis
- Smoking
- Stroke
- Ulcerative colitis