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.

Rodders Hewitt
Pension Claim Consulting Ltd ...have for me done a great job ...within the expected time scale ...Couldn't have asked for more
Phil C
Thank you to all at PCC. My claim was managed brilliantly and was successful. I can highly recommended their services. Thank you once again
Christopher Fraser
After identifying a concern regarding my pension, I sought advice from Pension Claim Consulting. The response and customer service was swift and amazing. The courtesy and care taken throughout the whole process was phenomenal. The consultant’s communication from start to finish filled me with confidence that PCC do exactly what they state and were on hand whenever required. The level of understanding, empathy for the frustrations, and patience is by far the best I’ve witnessed. I cannot thank PCC enough for their outstanding work ethic and dedication to customers/clients. If you have any concerns at all regarding your pension, then I would highly recommend that you get in touch with them.
Andy Yates
Fantastic service, so impressed with Pension Claims Consulting. None stop updates throughout and everyone who works there was so helpful and supportive in every way. Thank you so much for getting my pension back.
Robert Manningham
Pension Claim Consulting Ltd successfully won a case on my behalf following misguided advice I received in relation to my pension. They were most proactive in the process and kept me fully informed every step of the way. I have no hesitation in recommending their services.
Deanamo 84
Very professional, very thorough and very good at what they do. Always at the end of the phone or email for any questions at anytime throughout the process. I can’t recommend them enough.
Roger King
Pension Claim Consulting managed to reclaim some of my pension by constantly chasing the company that fraudulently took my money. I though that I had lost everything. I cannot thank them enough on recovering some of my pension back.
Susan Stringer
Excellent standard of service. The claim was protracted substantially by virtue of opponents trying hard to not accept any responsibility for their actions and not return the pension fund. PCC kept me fully informed throughout the process, obtained an excellent result for me.They also kept chasing the opponent when little action was taking place from them. The staff were always pleasant and helpful to deal with and very encouraging when I felt my claim was doomed to failure. I can not praise highly enough
Paul Wilshaw
Very professional and informative from the beginning of our 5 year relationship. They talked me through every step of the process with what to expect. I would recommend Pension Claim Consulting to anyone who wants an honest and professional service.
Bill Cass
Great team and they will get the best outcome they can always kept informed the process took a longtime not because of anything pension claims consulting did purely the pension sip provider playing games i would 110% recommend this company to pursue your claim without doubt best thing i have done they didn't give up on my claim even though I had given up on any good outcome however finally resolved and paid thank you pension claim consulting
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.