Question 1

What is a mis-sold pension?

Accepted Answer

A pension may have been mis-sold if you were given unsuitable financial advice, the risks were not clearly explained, or you were encouraged to transfer without a valid reason. Advisers must ensure recommendations are in your best interests. If that didn't happen, you may be entitled to compensation.

Question 2

How do I know if I have a claim?

Accepted Answer

You may have a claim if you transferred out of a final salary pension, were advised to move your pension into a SIPP, the risks were not properly explained, you were invested in high-risk or unusual assets, or your pension has significantly reduced in value. A free case review can help determine your eligibility.

Question 3

How long do I have to make a claim?

Accepted Answer

Time limits can apply. In many cases, you generally have six years from the date of advice or three years from when you became aware that something was wrong. Because every case is different, it's important to seek advice as soon as possible.

Question 4

What does No Win, No Fee mean?

Accepted Answer

No Win, No Fee means you do not pay upfront costs. Fees are only payable if your claim is successful, and these are clearly explained before you proceed.

Mis-Sold Pensions, SIPPs & Defined Benefit Schemes