Mis Sold Pensions
Claims: Compensation
for Unsuitable Advice
Failure to do so can amount to
negligent advice and mis-selling.
Pension mis-selling can leave people
out of pocket for retirement.
We can check to see if you have a
compensation claim.
Financial advisors are under a duty
to investigate and explain the risks
of pension transfers.
Working on a no win, no fee, you pay us nothing if your claim is unsuccessful.
Rolls-Royce Pension Transfer Claims
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.
Particularly around redundancy, some Rolls-Royce workers were told by financial advisers to transfer their final salary pension to a private scheme and lost out.
Mis-sold Pensions help clients find out if transferring their Rolls-Royce Pension scheme was the right thing to do and if they are owed thousands.
Working on a no win no fee basis, you pay us nothing if your claim is unsuccessful.
Have you transferred out of your Rolls-Royce pension?
Get claims advice now.
If you or a loved one have transferred out of your Rolls-Royce Pension scheme, then you may be entitled to compensation.
Many rail workers were told by their financial advisers to transfer their risk-free final salary, also known as a defined benefit, pension to other private schemes, including Self Invested Personal Pensions (SIPPs) and may have lost their money. Mis-sold Pensions can help reclaim this lost money.
As final salary pensions are a very solid and dependable source of retirement income, there must be a strong reason to transfer this into another private pension, including SIPPs.
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 in ensuring that members tempted to transfer following redundancy are not exploited by IFAs.
A joint statement from October 2020 confirmed:
“All advisers should be clear on the FCA’s expectations when offering advice to members of the pension scheme. Where the FCA sees unsuitable advice, or bad practice, it will take action…The FCA, TPR and MaPS believe transferring out of a DB pension scheme is unlikely to be in the best interests of most consumers”.
ROLLS-ROYCE PENSION SCHEME COMPENSATION CLAIMS
Mis-sold Pensions specialise in helping clients who have been given negligent final salary pension advice. Whilst some of these transfers were made many years ago, you may still be able to claim compensation if you are a Rolls-Royce worker’s widow or if the Independent Financial Adviser has gone out of business, has been taken over or changed its name.
Until we get an up to date valuation of the pension that they would have had, clients sometimes do not realise how much they have lost out, which quite often is a significant amount.
