In April 2015 the Government banned the transfers of Military Pensions into SIPPs or private pension arrangements. Before the Law came into place it is estimated that tens of thousands of veterans may have been guided to transfer out of their Final Salary Military Pension Schemes. This could now be deemed as extremely poor Financial Advice by the professionals involved.
We are currently representing many Ex Forces Personnel who may have had their future pension entitlement compromised by negligent Financial Advice.
While there are some rare circumstances where an Armed Forces Pension transfer might be deemed suitable, many transfers will have been unsuitable, and down to the negligence of a Financial Adviser who may have left pension holders worse off.
We can look into the circumstances that lead to your Pension Transfer free of charge for you, you will only pay a fee if we are successful in helping you win compensation.