We are 100% Pension Claims
Our fee is 15% plus VAT on the total monies awarded for a successful claim. There is no charge for an unsuccessful claim
We win more than 9 out of 10 complaints
The BAD news:
This scandal has cost pension savers BILLIONS of pounds.
The GOOD news:
Compensation payments are hitting record figures every year.
An FCA report in December 2018 stated that in less than 50 per cent of all Final Salary (Defined Benefit) pension transfers, advice given was not in the best interests of the consumer.
Finance experts believe only a small proportion of consumers who have been mis-sold to have made claims, but it is likely the total number is in the hundreds of thousands.
In many cases, mis-sold pensions have led to either a ‘significant’ or ‘complete losses of an individual’s pension funds say the Financial Conduct Authority.
Despite these high figures, there are still thousands of people who are unaware they have been affected by pension mis-selling and could miss out on compensation.
In 2018 SIPPs were the most complained about product against Financial Advisers with more than 3,000 complaints made to the Financial Ombudsman Service.
From April 2019 to March 2020, the Financial Services Compensation Scheme processed approximately 2,500* claims for mis-sold pensions and paid out £282m in compensation against 549 different firms.
The FSCS Annual Report 2019/20 quotes CEO Caroline Rainbird as referring to “an ever-growing number of claims against Self-Invested Personal Pension (SIPP) operators, which continues the rising trend of pensions-related claims”.
The Financial Ombudsman Service settle disputes between consumer and companies who are still trading. The maximum amount they can award for a successful claim is:
The FSCS process claims against firms who have failed. The maximum amount they can award for a successful claim is:
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.