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Home / Mis-Sold Pensions / Final Salary Pension Transfer Claims / Tobacco Company Pension Transfer Claims

Tobacco Company Pension Transfer Claims

Did you transfer your Tobacco pension?

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


Some tobacco companies like Imperial Tobacco or British American Tobacco offered some of their employees what are now considered to be rare and valuable pensions: Final salary schemes.

Pensions like these are considered to be ‘gold-plated’, promising scheme members a guaranteed income in retirement, one that is safe and secure, and helps protect married families with death in service benefits.

Yet some financial advisers have persuaded people to transfer valuable final salary pensions like these, and not all of the advice they gave was right, or in their client’s best interests.


Financial advisers should be advising on the side of caution when judging whether a final salary transfer is in somebody’s best interests. After all, these are valuable pensions and leaving is usually a one-way street.

They have rules to follow to ensure people only transfer away in the rare situations where may actually be beneficial to do so.

Yet over the past 5 years, the number of pension transfers away from these types of schemes has skyrocketed, more than doubling between 2016 and 2017.

Many people who transfer final salary schemes don’t realise that:

  • They are trading a secure income for uncertainty and risk
  • Losing money in transfer fees and annual pension charges
  • They may receive less in retirement if investments don’t perform and exceed the Critial Yield year on year.
  • They may be losing death benefits if they have a spouse or dependent children they wish to protect.

Many financial advisers have been found to have given negligent financial advice that hurt their client’s retirement prospects and left them out of pocket, all will filling their own with transfer fees and commission!

Get Claims Advice have been fighting these bad practices by holding advisers to account with claims when possible, and using our knowledge and experience to back claims to the FSCS and Ombudsman to help clients get compensation.

To check, get in touch with Get Claims Advice for a FREE Initial Assessment – a chat with one of our dedicated case assessors who can usually spot a mis-sold pension transfer.

Book a free initial assessment today by calling 01204 205 061, or using one of the contact forms on the website.

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

If you needed any more reason to choose Get Claims Advice, we’re experienced with Final Salary Claims.

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

Have a question about pension transfer claims?

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

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 realised.


Final Salary & other defined benefits pensions practically guarantee you an income in retirement. Does your new pension do that? Doubtful…


Defined Benefits pensions tend to keep pace with inflation, meaning no matter what happens to the economy, you’re retirement income is better protected.


By transferring your pension to a private scheme, your income in retirement will depend on how well your investments perform, at the mercy of the markets.

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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


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