Not another pension scandal! Could you be affected?
Across the UK, people have been given unsuitable advice relating to their pensions, prompting them to transfer them, without fully understanding the consequences.
Cold-callers, marketers and negligent advisers persuaded thousands of people to transfer away from valuable pension schemes. Such advice has led to some pension savers losing important benefits!
With current economic uncertainty, it’s more important than ever you should have your personal pension affairs in order, with many people asking themselves, ‘is the State Pension really enough to cover my retirement?’. As it currently only provides £164.35* per week if you have FULL 35 years entitlement.
Many savers have unknowingly lost money through; fees, loss of final salary benefits OR put their retirement funds in jeopardy through risky investments.
Most people don’t realise the potential loss they may have suffered when they transferred, as their new pension statements don’t show what’s been given up.
The UK regulator is stamping out the bad practices, but what about the thousands of people that have already been affected?
Alan, who was mis-sold a final salary pension transfer, missed out on his retirement dream of buying a bar in Thailand. “I could be sitting and enjoying the sun because I should’ve retired, but that dream has gone because my pension is totally zeroed.” Fortunately, Alan was able to make a successful claim with Get Claims Advice.
Alan’s retirement recovery started with a free initial chat with a specialist mis-sold pension assessor at Get Claims Advice – who have won back over £50 Million** from mis-sold pensions on behalf of their clients!
If you transferred your pension for any reason over the last 15 years’ it’s worth speaking with us to find out whether it was suitable for you.
Find out if you can make a claim by booking a FREE call-back today!