Mis Sold Pension Transfer Claims
Have you been mis sold a pension transfer? If so you could be owed £1000s in compensation, if you suspect you have been mis sold investments or transfers of your pension read on…
Similar to a pension release, a pension transfer is when someone unlocks the money in their pension and transfers (usually 75% of their pension after taking advantage of the 25% they can release as a lump sum tax free) into an investment opportunity designed to grow their pension fund.
This is known as a “pension transfer” or “pension switch”.
The investment opportunities that are often offered to people who may wish to transfer their pension are often “miss sold” due to the fact that the financial adviser’ recommending the investment opportunity has a vested interest in the pension transfer into the option they are presenting.
We have expert advisers’ and solicitors who can help you claim compensation for your miss sold pension transfer.
We have worked with 100s of clients who have received bad quality financial advice and as a result have suffered significant financial losses, we have helped them turn the situation around and win large sums of compensation.
This will depend on the circumstances around the pension transfer, if it is found upon investigation that you have been mis sold, the likelihood is that there will be a claim worth pursuing, we have seen a lot of people wondering if they should claim compensation on cases of mis-selling where they have seen a slight possibility of a successful claim, and there has been a successful claim and subsequent payout.
We would advise you to get in touch with us to begin the process of claiming, we have expert solicitors that can look at your claim to find out if there is a possibility to make a case for mis-selling.
With miss sold pension and transfers claims the amount of money your claim could be worth is based on different things:
The amount of compensation due is dependent on the extent of the mis-selling, the amount of money invested, and other factors.
It would be inaccurate and difficult to predict an exact amount of money likely to be paid to you in compensation should your claim be successful, however we see regularly people being awarded £10,000s in compensation, it makes sense for you to make an enquiry with us, even if there is just a suspicion that you have suffered bad financial advice or been miss sold.
This will again depend on the complexity of your claim and the pension transfer.
You will require an investigation into your pension plan, there is a good chance we have encountered either the same investment previously or one very similar, as SIPPs as part of a pension transfer are very common and they are marketed on a mass-scale to potential investors and holders of a private pension.
When it comes to your pension and transfers, there are a great many pensions and investment companies out there that would offer ou bad investment advice, or investments that are not necessarily in your best interest.
The good news is that it is possible to claim compensation for mis sold pensions and investments, and pension transfer claims are becoming increasingly popular, never before has it become more possible to obtain financial justice for investment mis selling.
To begin a claim, get in touch at the top of the page, we are ready and willing to help you.