Financial products such as pensions can often be complex, which is why financial advisers must ensure they are providing fair, unbiased advice to their clients and that financial products are both suitable for their clients’ needs and are adequately explained. If you feel the advice you received was inadequate or has resulted in significant losses then our team of knowledgeable professionals may be able to assist you with your complaint.
What is a mis-sold pension?
You may have been mis-sold a pension if you have transferred your final salary occupational pension to a private pension that is less secure or have taken out a self-invested pension (SIPPS) following advice from a financial adviser.
How do I know if I have been mis-sold a pension?
You may have been mis-sold a pension if either of the following applies:
• Your suitability was not assessed when the pension was sold to you
• The terms and conditions of the pension were not explained when the pension was sold to you
• Any risk was not fully explained to you when the pension was sold to you
Many individuals are not even aware that their pension has been mis-sold to them, so we recommend seeking professional advice. Our experts have many years’ experience in assisting individuals with their claims after being mis-sold financial products that were inadequate for their needs. If you think your pension may have been mis-sold to you, contact our financial specialists on 0800 988 0777, who are ready to assist you with your claim.