Final Salary Pension Transfers, were you mis-sold?

 

Hundreds of thousands of people have transferred out of generous company schemes that pay a guaranteed income for life, into more flexible, but riskier, personal pensions.

Once this transfer has taken place, the decision cannot be reversed and you are then responsible for ensuring the cash lasts.

The volume of transfers has exploded in the past few years with savers attracted by extra flexibility. In 2018 alone, £18.8bn was moved from final salary schemes.

 

While there are some rare circumstances where your Final Salary 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 you worse off.

If you transferred your Final Salary Pension to a private scheme, off the back of financial advice you may have been mis-sold, leaving you worse off in retirement. 

 

 

Pension Schemes

armed-forces-pensions

NHS-Pensions

Mine-Worker-Pensions

royal-mail-pensions

British-Steel-Pension-Scheme

If you think you’re worse off because of your pension transfer, get in touch for a free Initial Assessment to see if you can make a claim. 

By checking this box you agree with the terms and conditions outlined in our privacy policy.

Ready to make a claim?

Do you think you’ve been mis-sold? Click here to complete our fact find and take the first step to making a claim