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Home / Mis-Sold Pensions / Final Salary Pension Transfer Claims / Transfers from the Merseyside Pension Fund & claims

Did you transfer away from the Merseyside Pension Fund?

You may be able to make a claim – contact our team!

You may have been mis-sold. Fill out your contact info below and we’ll be in touch at the best time for you


The Merseyside Pension Fund is a local government pension for many public sector employees and contractors who either work or have worked in the Merseyside area for their local authority.

Like many local authority pension schemes, many of the members can look forward to a defined benefits pension package, promising a guaranteed income in retirement, no matter how long that lasts.

These pensions are considered safe, with all the risk resting with the trustees, and protected up to 90% with the Pension Protection fund.

Yet that hasn’t stopped people transferring their retirement benefits away from the Merseyside Pension Fund, but why?


For some time now, people have had the option to move their final salary pensions, transferring them into a private scheme if they need to.

But just because you can, doesn’t always mean that you should. Leaving a final salary pension scheme may mean leaving behind some rare and valuable benefits, such as death in service benefits.

Perhaps most importantly, people who transferred away from the Merseyside Pension may have been giving up a guaranteed income based on their salary for retirement, and swapping it for the results of a volatile investment market.

The FCA’s rules to financial advisers about who they should recommend a pension transfer to are pretty strict, meaning advisers should be very careful about who they say should transfer. They need to be making sure that a pension transfer is in their client’s best interest, and doesn’t expose their retirement fund to more risk than can be afforded.

Unfortunately, this isn’t always what happens…


A mis-sold pension transfer can go wrong in a few different ways, from losing up to around 50% of the pension value when transferred around 10 years before retirement (Recent study by Royal London), or having the money invested in high-risk investments that later fail, causing the pension to lose all value.

Swapping a final salary pension for a private one means swapping certainty for uncertainty, and is only right for some people.

To find out if you can make a claim on a No Win – No Fee* basis, contact the team at Get Claims Advice Ltd for a FREE initial assessment.

Speak with a Claims Handler

Did you know, we’re specialists in mis-sold pension transfer claims?

If you needed any more reason to choose Get Claims Advice, we’re experienced with defined benefit claims.


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Think you’ve been mis-sold your pension transfer? Click below to take the first step to making a claim


Have a question about pension transfer?

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What makes a pension transfer mis-sold?

Moving a final salary or other defined benefit pension is rarely advisable, except in certain situations.
While moving your pension may earn your adviser big fees and commissions, you may lose more than you hoped:

a Sophisticated investor
INCOME IN RETIREMENT Final Salary & other defined benefits pensions practically guarantee you an income in retirement. Does your new pension do that? Doubtful…
INDEX LINKED Defined Benefits pensions are index-linked, in order to help them keep pace with inflation. Just one more reason why Defined Benefits are considered to be some of the most valuable pensions around.
High net worth individual
DEATH IN SERVICE BENEFITS These types of pensions usually end up with your partner or children if you die early. Many personal pensions give no-such benefits.

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