Are you one of the 7000 members of the British Steel Pension Scheme that requested a pension transfer value since April 2018 in order to transfer away?
Reports show that pension transfer valuations exceeding a total of £200m were requested on behalf of British Steel Pension members leading up to September 2018.
Around 4,300 of these transfer requests contain a lack of data, including missing employment start dates, incorrect estimates and little to no information on the individuals themselves…
While there are some rare circumstances where a British Steel 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.
As many as 1 in 3 may have received the wrong advice to transfer away, and may be able to make a claim for a mis-sold pension transfer.
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.