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Home / Mis-Sold Pensions / Final Salary Pension Transfer Claims / Mis-Sold Teacher’s Pension Transfer Claims

Teacher’s Pension Transfer Claims

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
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.

TEACHER’S PENSIONS AND PRECIOUS

Giving up or opting out of a Teacher’s pension is not usually a great idea except in certain circumstances, especially if that pension is a rare and valuable Final Salary Pension.

Even if it’s not, many teacher’s pensions are gold-plated Defined Benefits pensions: pensions that are recognised for their desirable qualities such as a more secure income in retirement – one that keeps pace with inflation.

If you were persuaded to transfer your teacher’s pension then you may have received negligent financial advice, and may be able to make a claim for the loss of benefitsmoney and potential risk you have more than likely exposed your retirement fund to.

WHY WOULD THE ADVICE BE WRONG?

Generally, this comes down to risking what you’ve got for not much gain. While you may have received a temptingly high transfer valuation (the value of your pension if you transferred it), this may still be much less than what your Teacher’s Pension might be worth in retirement if you had left it where it was.

What’s more, is many Teacher’s final salary schemes come with excellent death benefits, such as supplying your spouse with a large share of your pension should you pass away earlier than expected.

Final salary pensions are index-linked too, which means what you’ll get in the future when you come to draw it will be increased inline with inflation, meaning you’ll be getting more bang for your buck by staying in.

Last, but no means least, all the risk and responsibility of running the pension scheme rests on the shoulders of the local councils that fund the schemes, not you.

By transferring to a personal pension, you’re on your own. 

CAN YOU MAKE A CLAIM?

Maybe! If you’ve transferred your teacher’s pension away and are now having doubts about whether it was the right move, then we want to hear from you.

Our specialist case handlers can run through a FREE Initial Assessment to check for signs of a mis-sold pension.

You may be able to make a claim on a No Win – No Fee* basis.

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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Ready to make a claim?

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

MAKE A CLAIM

Have a question about pension transfers?

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:

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
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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Can you make a claim?

We’ve recovered £million for our clients. 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.

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