Advised to Transfer your Company Pension into a SIPP or other Personal Pension Plan?
If you were advised to move your Company Defined Benefit Pension into a SIPP or other pension, you may have lost out on valuable benefits which could adversely effect your pension income in retirement. Let us check if you are due compensation for the loss of value plus charges and 8% compensatory interest. In most cases, a mis-sold pension is due to the loss of benefits, the high risk and / or the high service charges.
Why Consumer Savings Network?
No Win No Fee
Experienced
Successful
Professional
Meet the Experts
Ron Amoore
Ron Amoore (BA UC Berkeley) is the founder and Managing Director of CSN. He has worked as a Director in the Financial claims industry for 15 years and his leadership has helped secure over £30M in financial compensation claims for clients who have been misadvised and mis sold financial products over those years. In addition, his background as a former NASDAQ and DOW Jones equities trader provides him with valuable insight into understanding the varying degrees of market volatility and risk associated with equity-based investments. He is passionate about sound investment and pensions advice and making sure financial advisers don’t jeopardise precious savings or hard-earned pension pots by giving poor, risky advice.
Roy Gwinneth
Roy Gwinneth (FPC, Cmap, Qualified IFA) our lead Mis-Sold Pensions Assessor has over 30 years of experience working as a Financial Pension & Investments Adviser for 2 major UK banks and knows when a Pension has been suitably advised. Roy also acted as an advisor to high-net-worth clients. Throughout his career, Roy has gained a deep understanding of the financial industry and has been able to help clients navigate complex financial situations with ease. Roy’s expertise in financial assessment and his commitment to providing quality service make him a valuable asset to our team.
At least 1.3 million people claim that they were mis sold a pension according to a recent FCA study. Complaints about being advised to transfer out of workplace pensions rose by 32% over the previous year, according to the Financial Ombudsman service and there is no end in sight. It is estimated that as many as 33% of UK pensions advised have been mis-sold:
Could you be one of them?
Mis-Sold Pensions Compensation
If you were advised to move your Company Defined Benefit Pension into a SIPP or other pension, you may have lost out on valuable benefits which could adversely effect your pension income in retirement. Let us check if you are due compensation for the loss of value plus charges and 8% compensatory interest. In most cases, a mis-sold pension is due to the loss of benefits, the high risk and / or the high service charges.
Companies that offered Defined Benefit Pensions include:
Armed Forces Pensions, BAE Systems, Barclays, British Airways, British Coal, British Steel, BP, BT, Dolphin Trust, Electricity Supply, Ford, Greater Manchester, Jaguar Land Rover, Government Local Authority Pensions, Marks and Spencers, Merseyside, Mineworkers, Nestle, NHS Pension Fund, Northern Foods, Police, Premier Foods, Railway Pensions, Rolls Royce, Royal Mail, Strathclyde, Teacher’s Pension, Tobacco Company, Transport For London, Universities Superannuation Scheme, Vauxhall, West Midlands Metropolitan and West Yorkshire Pension Fund.
What You Can Expect From Us
No Paperwork No Problem
Over the years, documents can get lost or destroyed. All we need are a few basic details like the name of the Bank or IFA who provided the advice and we’ll find out the rest. We will do the research for you, so you can just relax.
No Up Front Costs
Only pay if we win. This payment structure removes upfront costs and encourages us to work harder for your success. It’s a win-win situation for you and Consumer Savings Network.*
90% Success Rate
The overall success rate for compensation claims made for our clients on cases where the claim is valid and client’s statement of truth is accurate.
*When your case is completed our fee is 25% plus vat (30% in Total) of your win – The fee is less for claims where £20k+ is awarded as per FCA guidelines.
Happy Customers
Also if the financial adviser or firm you used no longer exists, we can still make a claim for you through the FSCS (financial services compensation scheme), so long as they were FCA regulated. We will need some paperwork such as proof of investment and proof of surrender value (losses). In most cases we can claim 90% of your losses back.
Consumer Savings Network is a claims management company. You do not need to use a claims management company to make your complaint to your bank. If your complaint is not successful you can refer to the financial ombudsman service for free.