Pension Negligence Claims

If you have been told by an adviser to move your retirement savings into a Self-Invested Personal Pension (SIPP), you may have been mis-sold to, meaning you have a pension negligence claim. At Expert Pension Claims, we can help you reclaim money owed to you as a result of pension negligence. In the UK, pensions adviser negligence is one of the most common forms of financial negligence perpetrated by financial professionals and, without the right kinds of protection, the number of those affected looks set to rise.

Our team is dedicated to helping UK residents claim back the money that they could be owed. The first step to overcoming financial negligence is knowing exactly when you’ve been made a victim.

Pension negligence and negligent financial advice, unfortunately, isn’t something new. Many pensions have been mis-sold by advisers over the years, resulting in the FCA setting up a fund so that those who were mis-sold can claim some money back. But how do you know if you were mis-sold? The signs of financial adviser negligence are sometimes difficult to spot, but with our guidance you will be able to protect yourself and maintain vigilance against investment negligence.

There are usually a number of telltale signs that suggest you could be a victim of financial negligence – these range from being sold a product that wasn’t suitable for you, to not being given the opportunity to shop around for a better investment. For further information on if you could be a victim of such financial negligence, read our guide to what counts as financial mis-selling.

If any of the following statements apply to you, you were likely on the receiving end of negligent pension advice and could be eligible to claim for SIPPs compensation.

• Although you were new to investing, you weren’t given all details and information you should have had.
• You were made to feel uncomfortable with aggressive sales tactics, coercion, and almost threatening behaviour.
• Despite the fact that your existing scheme has more benefits, you were given ill-advised guidance and generally bad advice.
• You were not advised on any of the fees involved in the process.
• You were also not informed of the risks involved in the process, many of which pose huge financial implications for the investor.
• Advised that you could avoid tax – If your financial or pensions adviser recommended a SIPP as a means of tax avoidance.

In light of the negligent pension advice scandal, the Financial Services Compensation Scheme (FSCS) have set aside £100 million to pay for compensation costs where complaints are made about mis-selling. Here at Expert Pension Claims, we can help you with your claim.

We have a specialist pension advice team who can help and support you in making pension negligence claims. We always fight to ensure that our clients get the best representation and receive the justice they deserve.

When you decide to make your pension negligence claim with us, we will contact your provider on your behalf to put forward your case. We’ll explain clearly how you have received negligent investment advice.

We only employ the best team members to fight in your corner, so when you make your claim with Expert Pension Claims, you can rest assured we’re working to provide you with the best chance of success. 

Where your pension adviser does not uphold your complaint, we can then take your case to the Financial Ombudsman.

If you believe you’ve had negligent pension or financial advice, we’ll take care of the hard work for you. Bear in mind that you don’t have to use us or any claims management company to process your claim – you can lodge your own complaint. However, a no obligation call to us will give you an idea of what is involved. 

If you do decide to engage us, know that we work on a No Win, No Fee basis. That means we do not charge a cancellation fee so you always know where you stand. You can find more information on our fee structure here. Alternatively, get started with your claim today by filling in our online form or by calling us on 0800 849 5078 or 0161 968 0768.