Final Salary/Defined Benefit Pension Transfer Claims
Did you transfer out of a Final Salary or Defined Benefit Pension and now regret it?
Final salary or defined benefit pensions are among the most secure, offering guaranteed income for life. Unfortunately, many people have been advised to transfer out, not realising the long-term consequences.
If this has happened to you, we understand the distress it can cause, but you may still be able to claim compensation for your loss.
Our team is dedicated to helping you recover the benefits you’ve lost, ensuring you can enjoy the retirement you deserve.
Don’t let a bad decision affect your future—contact us today to discuss your claim and recover your lost pension benefits.
Final Salary/Defined Benefit Pension Transfer Claims FAQs:
What are the consequences of transferring out of a Defined Benefit Pension?
Transferring out can result in the loss of guaranteed income, inflation protection, and other valuable benefits, making it harder to maintain your standard of living in retirement.
Who can claim for a mis-sold Defined Benefit Pension transfer?
Anyone who transferred out of a Defined Benefit Pension based on inappropriate or misleading advice may be eligible to claim.
What compensation can I expect from a Defined Benefit Pension transfer claim?
Compensation may include the recovery of lost benefits, fees paid, and potentially interest on the financial losses incurred.
Is it possible to reverse a Defined Benefit Pension transfer?
Reversing the transfer is typically not possible, but compensation for the losses incurred due to the transfer may be sought.
How can I determine if my Defined Benefit Pension transfer was mis-sold?
Signs include lack of clear advice on risks, pressure to transfer, and advice that did not consider your long-term financial needs.
What is the process for making a Defined Benefit Pension transfer claim?
Contact us to review your situation, gather the necessary documentation, and begin the process of filing a claim.
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