Last year George Osborne announced major reforms to the pensions system. As a result, this week the FCA, or Financial Conduct Authority, have said they will be conducting a major review of the plans as fear of pension mis-selling rise. The FCA has announced that it will take a close look at the changes that [...]
The City regulator today said that UK consumers and savers are at risk of investing inappropriately in schemes they do not fully understand in the quest to get an improved returns on their savings. With interest rates at a record low for a while now, and savings accounts typically only giving interest rates of around [...]
We hear many horror stories from our clients here at Expert Pension Claims, we are a claims management company. Unfortunately, it’s not uncommon for UK citizens to be mis-sold pensions or financial products, but this one case really stood out for us. The story was originally reported in The Telegraph newspaper back in 2015, but [...]
An un-named couple from the UK have been reimbursed £190,000 after their financial advisers recommended that they invest in risky assets such as “death bonds”. The couple have asked to remain anonymous, but have agreed that the details of their case can now be made public. The husband and wife received £190,000 in compensation relating [...]
Most of the people we help are based in the UK, and are residents in the country. But what happens when you are an expat living abroad? When you’re abroad, there’s a far greater chance that you won’t be protected by the same level of regulation as you would back in the UK. It’s this [...]
Saving the planet while saving for your future. Sounds good doesn't it? However, based in this premise, UK investors have been sold ethical unregulated investment products in multiple cases that have recently come to light. It was packaged as a green investment which offered huge returns. It pleased the investor’s social conscious along with promising a more [...]
From mis-sold pensions to high risk investment scams, the unlawful act of financial mis-selling has destroyed the reputation of many trusted brands over recent years. To put it simply, the UK’s pension mis-selling scandal stemmed from certain areas of pension investment being unregulated. These include certain types of SIPPs and defined benefit transfers. Unfortunately, many [...]
At Expert Pension Claims we want to make sure that making a claim is as simple as possible. We also understand that it can be quite a confusing time, especially if a long time has passed since you were advised on what to do about your pension. If you believe you have received bad advice, [...]
At Expert Pension Claims we are at the forefront of providing legal support for UK residents who have been mis-represented by their financial advisors, including helping people to recover compensation for SIPPs mis-selling claims. We also like to keep a close eye on what’s happening in the pension industry, as any new governmental legislation will [...]
The Chancellor of the Exchequer, George Osborn, was recently responsible for an overhaul of the pension’s system, and the National Audit Office are warning that this could lead to a large increase in pension mis-selling complaints. It is there view that the new freedoms introduced in April 2015 where pensioners can cash in on pension [...]
