MISS-SELLING OF PENSIONS 

Charles Lyndon can often help you bring a claim even if the adviser or provider has failed and is unable to return your money itself. 

MISS-SELLING OF PENSIONS 

Charles Lyndon can often help you bring a claim even if the adviser or provider has failed and is unable to return your money itself. 

Call Us Any Time For Free Pensions Consultation 0207 058 0050

MIS-SOLD PENSIONS

Saving for retirement is important and it can be devastating to find that your pension was mis-sold and you have less expected to live on than you expected. If you suspect you are in this situation because you received poor advice contact us to receive free, no obligation advice.

Poor Advice On Your Pension?

Many people take the advice of pension providers, financial advisers and banks in deciding how to best provide for their future. However, there are a number of instances where this advice has been insufficient or inappropriate. We act on behalf of individuals who have been mis-sold pensions due to poor quality advice.

Charles Lyndon can often help you bring a claim even if the adviser or provider has failed and is unable to return your money itself.  We bring most of these claims on a ‘no win no fee’ basis.

Common instances where people may have a claim include:

  • Investing in a SIPP due to insufficient or inappropriate advice
  • Transferring a final salary pension due to insufficient or inappropriate advice

SIPPs 

Many pension holders have transferred from traditional occupational pensions to self-invested personal pensions (SIPPs). These are often comprised of unregulated and speculative investments. There are a huge range of these unregulated investments, a few examples are:

  • Low carbon fuels
  • Overseas hotel and housing investments
  • Ethical forestry
  • Store Pods

In some instances, pension pots have been drastically reduced due to these investments.

Transfer From Final Salary Pension

Final Salary Pension Schemes or Defined Benefit Pensions come with valuable benefits, mainly the guarantee of an income for life in retirement.  If you were advised to transfer out of a final salary pension scheme provided by or through your employer, or not advised of the risks of doing so, you may have a claim for the amount you have lost plus the interest you would have received.  Although not everyone who transferred out of such a scheme was mis-sold, a large number were.

Inappropriate Advice

A mis-sold pension also goes beyond the type of investment. A pension may have been mis-sold where the advisor fails to:

  • provide you with all or adequate information regarding the risks of transferring a pension;
  • consider your personal circumstances including your health, medical circumstances and attitude to risk; or
  • give specific information regarding the type of underlying investments.

It may be that the investment may have been right for someone else but not for you.  An example of this is where you go to a shop to tell them you want a computer and that you like to play DVDs on your computer and they sell you a computer without a DVD drive. There is nothing wrong with the computer, it just isn’t right for you. The same can happen with a pension plan, if so, you are likely to be able to claim compensation.

How Can We Help?

Charles Lyndon’s financial lawyers are able to assess whether you have a claim and follow-up with the pension advisor or provider, the Financial Services Compensation Scheme (FSCS), the Financial Ombudsman, and, if necessary, through the court system, usually on a ‘no win no fee’ basis.

Lets Talk…

If you have any questions about a specific case we are working on, would like to discuss us representing you or want to know more about who we are and what we do, then speak to our team. We will get back to you as soon as possible.

IMPORTANT NOTICE: The information you provide will be only used by us to administer your enquiry and any response. Use of this form does not create a solicitor-client relationship and information transmitted will not necessarily be treated as privileged or confidential. If you are a client, please get in touch with your usual firm contact directly for the most timely response.

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