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Home / Mis-Sold Pensions / Final Salary Pension Transfer Claims / Royal Mail Final Salary Pension Transfers

Royal Mail Final Salary Transfer Claims

Did you transfer your Royal Mail pension away?

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

NO OBLIGATION & COMPLETELY FREE!

You can do the claim yourself directly to the adviser or pension company for no charge. You can also approach the Financial Ombudsman Service and Financial Services Compensation Scheme for free if you wish for them to review your case, providing you have approached the adviser or pension provider first, and it falls within their remit.

ROYAL MAIL PENSION SCHEME TRANSFERS

The Royal Mail operates at least 3 main pension plans, one that led up to 1987, one until 31st March 2018, and one from the 1st April 2018.

Earlier pension plans may be valuable final salary pension schemes – rare pension schemes that give members a practically guaranteed income in retirement, one that is index-linked with inflation and features ill health and death benefits.

 

ROYAL MAIL PENSION SCHEME HOLDERS TARGETED BY SCAMS

But these pensions aren’t just valuable to scheme members – they are also a target for scammers, and financial advisers who can make small fortunes by transferring them away to personal schemes.

In recent years, many final salary pension schemes have offered relatively high CETV figures – transfer valuations, which has possibly made it easier for marketing companies and scammers to convince people to transfer pensions like Royal Mail ones away to personal schemes.

This is often done through cold-calls to drum up interest through Free pension reviews, before recommending a new pension scheme, possibly even featuring high-risk investments that the pension holder may not be suitable for.

Except in rare circumstances, transferring a royal mail final salary pension can leave the pension holder worse-off and at risk, and give the companies involved in the transfer big bucks.

 

DID YOU TRANSFER YOUR ROYAL MAIL PENSION?

If you’re having second thoughts about your own transfer away from a Royal Mail pension scheme, you can find out if you have a claim by taking a FREE Initial Assessment with Get Claims Advice Ltd – a chat about how your transfer was conducted to see if you can make a claim.

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 Final Salary Claims.

View Example

Ready to make a claim?

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

Make a Claim

Have a question about pension transfer?

Ask us any question about your situation and we’ll be in touch at the best time for you – COMPLETELY FREE!

You can do the claim yourself directly to the adviser or pension company for no charge. You can also approach the Financial Ombudsman Service and Financial Services Compensation Scheme for free if you wish for them to review your case, providing you have approached the adviser or pension provider first, and it falls within their remit.

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:

Speak with a Claims Handler
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…
Compensation
INFLATION Defined Benefits pensions tend to keep pace with inflation, meaning no matter what happens to the economy, you’re retirement income is better protected.
High net worth individual
DEATH 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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