SSAS Claims
Were you convinced to enter into a SSAS without fulling understanding what you were agreeing to?
Small Self-Administered Schemes (SSAS) can be powerful tools for business owners and experienced investments to manage their retirement savings, however the lack of FCA registration has meant they have often been open to abuse.
If you are worried you could have suffered losses because you were convinced to move your pensions to a SSAS, you’re likely feeling frustrated and concerned about your financial future. We understand that often it is hard to know whether cause to worry or not and it can be hard to know where to turn to for advice.
As regulated solicitors, we act on your behalf. If you have any concerns, it is absolutely the right thing to investigate. Our aim is that you either come away with the correct guidance on how to make a claim or with peace of mind that you don’t have any reason to.
There are time limits to when you can bring a claim so if in doubt, book a free consultation with one of our SSAS experts today.
SSAS Claims FAQs:
What is an SSAS claim?
An SSAS claim involves seeking compensation for losses incurred from advice to transfer existing pensions to a Small Self-Administered Scheme and/or negligence on the part of your existing pension providers in allowing the transfers.
Who can make an SSAS claim?
Business owners and individuals who have suffered monetary loss due to transferring their savings into a SSAS.
What evidence is required for an SSAS claim?
Evidence such as investment statements, records of advice, and communication with your adviser is needed to support your claim, however as your representatives we can request this information from your SSAS administrators and any other connected parties.
How do I start an SSAS claim?
Set one is to contact us to assess your case. We can quickly establish whether there are grounds to investigate at which point we will gather necessary documentation and if necessary, begin the claims process.
What compensation can I expect from an SSAS claim?
Compensation or Financial Redress can cover the recovery of monies lost from failed investments within the SSAS, fees paid in relation to the SSAS, advice surrounding the SSAS and exit charges from your preous pension schemes, and potentially interest on all the losses incurred to date.
Request a call back
SSAS Risks
SSAS lacks FCA regulation, which can expose investors to potential abuse from entities offering high-return, unregulated investments. Claims against regulated financial advisers involved in SSAS mismanagement may help you recover lost funds.
Are you worried that poor advice or mismanagement from a financial adviser has cost you money?
Are you worried that you may have invested into something that wasn’t right for you?
Have you used Hire Purchase or Personal Contract Purchase to purchase any vehicles over the last 10 years?
