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SIPP Mis-selling – ‘The New Mis-selling Scandal’

6 March 2019

With over a decade of escalating consumer complaints, the SIPP mis-selling time bomb has finally exploded into mainstream news, as more and more coverage from notable publications – such as the Times, who ran a feature detailing the ‘Dawn of a New mis-selling scandal’ – are shining a welcomed media spotlight on this worrying situation.

Claims submitted to the Financial Ombudsman Service have more than doubled since 2015 and it’s reported that the estimated cost of compensation is now running well into hundreds of millions of pounds.

Which means there’s hundreds of millions of pounds unsuspecting people have lost from their pension pots due to poor financial advice and unsuitable investment risk!

This rise may also be due to the landmark high court ruling, made last year against Berkeley Burke which meant that compensation claims opened up from making claims against Financial Advisers for negligent financial advice, to claims against the SIPP providers themselves for failing to carry out adequate checks.

As a Claims Management Company, we deal directly with the reality of the devastating financial impact SIPP mis-selling has had on people’s finances.

We hope this coverage will not only help increase public awareness of this situation but encourage people who have transferred their pension fund into a SIPP, to do a SIPP ‘health check’ to see if they have been mis-sold their SIPP.

If you want to check if your SIPP has been mis-sold – we offer a FREE initial assessment. It’s just a simple straight forward chat with one of our team.

We will then tell you if we think you have a case to claim compensation or not, then it’s up to you. You can pursue the claim directly yourself or use our service to act on your behalf. There’s no obligation.

Robert Pemberton
2022-04-11
Antony Stroud
2022-04-08
Excellent company, would definitely use again, they never gave up
Junior Geener
2022-03-20
always kept you informed has to what was going on .I'd recommend pension claim to anybody
Ian Gaynor
2022-03-14
A thoroughly positive result and experience. In all honesty I didn't have much hope of any success following a truly dodgy pension investment. I spent years angry at myself then decided to let these guys have a go on my behalf. It took hardy any effort on my part and they kept me fully informed, then out of the blue I got a call saying they have won all my pension back plus more and within days it hit my account. Thrilled with their effort and professionalism. I dealt with a few different staff and all were informative, polite and helpful. I great end to a terrible situation. 100% genuine review and I cannot recommend them enough. Thank you.
Grace Anderson
2022-03-11
Pension Claim Consulting were a Godsend. I was told about them by a friend who had also invested in a pension. They kept me informed on the progress of my claim with regular updates and answered my queries with patience and professionalism. There percentage for on behalf was also lower than expected. I can't thank them enough
adrian buck
2022-03-10
Keith Wilkins
2022-03-09
Very thorough and achieved the goal regarding compensation in full. Took a while but was worth the wait
Mark Holmes
2022-03-08
Excellent service. Great result.
michael dixon
2022-03-08
I was approached by Pension Claim Consulting after the company that was handle ing my SIPP had been investigated by the Financial Ombudsmen and informed me i had a case, with this information given to me i agreed to let them represent me in trying to reclaim my investment. All through the process i was informed of every step and on a regular basis even though it took many months the outcome was successful and i was reimbursed fully. This is a fantastic company to work with and dedicated staff who know their business. Many Thanks. Mike Dixon.
Roderick Turnbull
2022-03-08
Important Information!

You are not required to use our services to pursue your claim. You can also seek further advice or shop around subject to any time limits within which a claim must be made.

It is possible for you to present the claim for free, either to the firm or person against whom you wish to complain or to the statutory ombudsman (Financial Ombudsman Service or Pension Ombudsman Service) or the Financial Services Compensation Scheme, whichever is applicable to your claim.