Workplace Pension Transfer Claims
Were you advised to transfer your workplace pension and now worry you’ve lost valuable benefits?
Many employees have unknowingly transferred out of secure workplace pensions, only to find later that they’ve lost important benefits. If you’re in this situation, it’s natural to feel anxious about your retirement plans.
However, there is hope—you may be able to reclaim those lost benefits through a compensation claim. We are here to support you every step of the way, ensuring your retirement savings are protected.
Reach out to us today to explore your options and start your claim for compensation.
Workplace Pension Transfer Claims FAQs:
What are the risks of transferring a workplace pension?
Risks include losing employer contributions, guaranteed benefits, and other protections available under your original workplace pension scheme.
Can I claim for a mis-sold workplace pension transfer if I no longer work for that employer?
Yes, you can still claim even if you no longer work for the employer, as long as you can show that the transfer was not in your best interest.
What compensation might I receive from a workplace pension transfer claim?
Compensation could include the recovery of lost benefits, fees paid, and potentially interest on the losses incurred.
How do I start a workplace pension transfer claim?
Contact us to assess your situation, gather necessary documentation, and initiate the claim process.
What evidence is required for a workplace pension transfer claim?
You will need documents related to the pension transfer, including correspondence with the adviser and records of financial loss.
How long does it typically take to resolve a workplace pension transfer claim?
It can take between 6 and 18 months, depending on the complexity of the case and the cooperation of involved parties.
Workplace pension transfers often involve overcharging, where clients are urged to consolidate pensions for adviser convenience, resulting in excessive fees. If you suspect overcharging, this may strengthen your claim.
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?
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Workplace Pension Transfer Claims News & Updates
Stay informed with the latest news and updates on companies you may be eligible to claim against.