Mr. G - Armed Forces Pension Transfer

Our Client Mr G was persuaded to transfer his Armed Forces pension after being approached by an unregulated introducer.

Mr G, 54, joined the Armed Forces at 18 and served in Northern Ireland and the Gulf War.

He transferred out of the MoD’s Final Salary Pension Scheme and into a Carey Pension SIPP after being approached by an unregulated introducer.

“During our battalion reunions, there was a lot of talk about transferring out of the MoD’s Pension as you could get your money at 55 rather than 65, it’s attractive as you don’t know what’s going to happen tomorrow.

“I transferred after I got a Facebook message from a Financial Adviser or an introducer who wasn’t even regulated.

“The MoD didn’t really communicate properly regarding your pension and it was even worse once you handed your uniform back you were left in the dark.”


“Once I found out I’d been mis-sold a pension, I was devastated.”

For many in Mr G’s position, it’s not just the amount of money they lost, but also how much their pension would have been worth had they not been scammed.

He admitted: “I had no idea how much money I’d lost … If I had stayed with my MoD pension after eighteen years’ service I would have built up a guaranteed income for life. Once I found out I’d been mis-sold a pension, I was devastated.”


What we did to help Mr G

Mr G had been introduced to Carey’s (now known as Options Pensions) by an unregulated introducer.

This meant any “advice” they had given was not protected or covered by FCA authorisation and unfortunately also meant we would be unable to pursue a claim against the firm.

However, we thoroughly investigated Mr G’s case and discovered that a regulated party had been involved with his pension transfer. This was a financial advice firm called Financial Provision Solutions Ltd, formerly known as PSTG Solutions. They were no longer trading and had been declared in default.

We duly submitted a claim to the FSCS and he was awarded £85k in compensation for the advice he had received from Financial Provision Solutions Ltd.


Thousands of Armed Forces Personnel may have been mis-sold

Many thousands of Armed Forces personnel, both serving and retired, were targeted in the years prior to 2013 and up to 2015.  We at PCC believe the true extent of the military pensions scandal is far worse than previously thought.

A freedom of information request revealed that between 2013 and 2015, around 3,600 former service personnel transferred their money out of the MoD pension scheme.


Want to know if you may have been mis-sold?

We are currently representing more than 200 Armed Forces personnel in claims for compensation after being poorly advised to transfer their Armed Forces Pension Scheme.

If you transferred your pension and you haven’t already checked if you’ve been mis-sold – now is the time to do so.

If you’d like some help – we offer a free no nonsense no obligation check to see if you have a case or not.  It’s simply a chat with one of our team who are trained to identify a potential mis-sell by asking a few basic questions. That’s it!

It’s then up to you how you want to proceed if you have a case.

Key Facts

Was approached by an unregulated introducer who "advised" him to transfer out of the Armed Forces Pension Scheme into a Carey Pensions SIPP
Unable to claim against an unregulated company, we investigated his case and found a regulated firm - Financial Provision Solutions Ltd - had been involved with the transfer

We win more than 9 out of 10 claims

The cost of our service is 15% + VAT on the total monies awarded for a successful claim. Our cost is also priced capped at one of the lowest rates.

Robert Pemberton
Antony Stroud
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Junior Geener
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Ian Gaynor
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
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Keith Wilkins
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michael dixon
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.
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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.