In a recent interview with The Telegraph, Baroness Altmann stated that she believed pension providers should “write off” fees, penalties, and charges that are being charged to savers who withdraw their funds. The pension’s minister went on to say that these penalties that are levied as “exit charges” should be cancelled as they are in [...]
The new pension rulings that come into effect today mean that around six million people in the UK could lose out as much as £37 each month from their pay packet. This is due to national insurance costs increasing by 1.4%, which has been implemented in order to save the Treasury five and a half [...]
The mis-selling of investments isn’t something that can just happen to the ordinary man in the street. Recent news coverage has highlighted some high profile cases where celebrities have been the victims of investment mis-selling. Late last year The International Business Times reported on how several former Premier League stars, including Martin Keown and Rio [...]
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 some real horror stories at Expert Pension Claims from our clients relating to mis-sold pensions and financial products, but there is one case which really stands out as being absolutely incredible. The story was originally reported in The Telegraph newspaper back in 2015 but it’s only really now that it resonates, given the [...]
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 our based in the UK, and our residents in the country. But what happens when you are an expat living abroad who has been given bad financial advice, leading to the potential mis-selling of a pension? Whilst in the UK there is heavy legislation and rules around how financial [...]
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 [...]
Mis-selling is a small phrase that has left a huge impact on the financial services industry over recent years. It has left reputations of trusted brands in tatters and has found itself being the core of major government debates on how to protect consumers from such scandals in the future. At Expert Pension Claims we [...]
