Pension Justice

29/11/2022

If you've been advised to transfer your pension from one provider to another, you could have a claim for compensation.

With the festive season approaching, it is more important than ever to stay vigilant and to report cold calls which offer you bad financial advice.

If you've moved your pension as the result of a cold call contact us today for a free assessment.

Call - 0800 014 8275
Email - [email protected]

24/11/2022

Despite the turmoil in UK financial markets and strike action across the Royal Mail and other large organisations, the Royal Mail Pension Scheme remains financially strong and stable.

However, following bad advice some members have transferred their money away from the defined benefits workplace pension which guarantees their income in retirement.

If this sounds like you, or you have received bad advice relating to a workplace pension, please do get in touch.

22/11/2022

1 in 3 pension investors have been a victim of pension mis-selling.

The figures attached to this are shocking, and yet the problem remains - with more scams entering the market virtually every day.

And while we continue to share the names of organisations we come across that are spreading bad advice, people are still losing hundreds of thousands of pounds as a result of legitimate-looking websites, promises of high returns and seemingly trustworthy telephone calls.

Follow us for the most up-to-date and relevant advice, and make sure to tag friends and share our tips with your loved ones to protect your pension.

17/11/2022

Thanks to Chris for this 5-star review. ⭐️⭐️⭐️⭐️⭐️

"𝘗𝘦𝘯𝘴𝘪𝘰𝘯 𝘑𝘶𝘴𝘵𝘪𝘤𝘦 𝘢𝘯𝘥 𝘗𝘢𝘶𝘭 𝘩𝘦𝘭𝘱𝘦𝘥 𝘮𝘦 𝘪𝘯 𝘢 𝘣𝘪𝘨 𝘸𝘢𝘺 𝘵𝘰 𝘨𝘦𝘵 𝘤𝘰𝘮𝘱𝘦𝘯𝘴𝘢𝘵𝘪𝘰𝘯 𝘰𝘯 𝘮𝘺 𝘱𝘦𝘯𝘴𝘪𝘰𝘯 𝘸𝘰𝘶𝘭𝘥 𝘳𝘦𝘤𝘰𝘮𝘮𝘦𝘯𝘥 𝘢𝘯𝘺𝘰𝘯𝘦 𝘵𝘰 𝘵𝘩𝘦𝘮."

If you're in need of advice or want to make a claim for receiving bad pension advice, our team can help determine if you're eligible, and guide you through the next steps. Get in touch today.

15/11/2022

𝐐: What should you do if you regret transferring your pension?

If you received advice to transfer your pension, but regret your decision to follow that advice in hindsight, what are your rights?

If you regret transferring your pension, you may be relieved to hear that help could be available. However, this will only be the case if you’ve fallen victim to pension mis-selling or a pension scam. If you’ve been given poor advice or encouraged to pour your savings into a pension or investment scheme that’s not a good fit for you, you may be eligible for compensation.

This basically means that compensation may be due if your decision was down to bad advice.

To discuss your own experience and find out if our team are able to help you, get in touch.

Call us on 0800 014 8275, or email [email protected].

10/11/2022

𝐐: How much compensation will I get?

As you will have seen from our various case studies and success stories, every claim is different - with different processes, details, and compensation amounts. (See more on our success stories here - https://pensionjustice.co.uk/pension-compensation-success-stories/)

Your compensation amount can vary a great deal depending on the level of pension mis-selling that went on and the financial losses you incurred as a result. In general, we can secure anywhere up to £375,000 of your pension nest egg through the expertise of our legal and financial team.

08/11/2022

Last week we shared updates from the Rowanmoor Personal Pensions Ltd case - with this SIPP company being the latest in a long line of operators forced into administration.

But what are the basic signs that you, as a pension saver, should be aware of that may indicate you've been missold a SIPP?

1. You were advised to invest in a SIPP in order to achieve better returns. This is a trick used by scammers to entice you and get you to invest in what they recommend.
2. Jargon was used to confuse you, or the person you spoke to was deliberately misleading.
3. You were not informed of exactly where your money would be invested.

Here at Pension Justice, we work with clients across the board who have fallen foul of these scams and lost their hard-earned pension savings virtually overnight. If this sounds like you, get in touch with us today to see how we could help you.

Call: 0800 014 8275
Email: [email protected]

06/11/2022

FCA warns cost of living crisis increases the risk of pension scams

The FCA has warned that pension holders are increasingly vulnerable to misdirection scams as the cost of living crisis increases the number of pension pots being accessed for the first time

04/11/2022

Yet another SIPP operator has been forced into administration.

Rowanmoor Personal Pensions Ltd filed for administration on 31st August of this year, with 1,013 official known complaints against them. It has since been discovered that 1,387 of Rowanmoor's client introductions came from CIB Ltd - with such advice leading to the investment loss of thousands for countless pension clients.

If Rowanmoor rings a bell with you, or you know that you have an account with Rowanmoor, get in touch with us to find out what you need to do to protect your assets.

Read the full story here:

Yet another SIPP operator has been forced into administration. Rowanmoor Personal Pensions Limited is a Self Invested Personal Pension...

03/11/2022

𝐐: How long does it take to make a claim against a company that gave you bad pension advice?

➤ If the company is still trading, then we can in touch with the firm in question. We can then obtain a copy of your file of papers with a view to formulating your claim. We then write to them, they have 8 weeks to respond, very often they don't respond, at which point we'll go to the Financial Ombudsman Service.

➤ If the company is no longer trading, we'll make a claim on your behalf to the Financial Services Compensation Scheme.

We will look to complete either process as quickly as possible and will keep you fully informed at all times.

27/10/2022

𝐐: What happens if the company you want to claim against has gone bust?

Many people believe that if the company responsible for their mis-sold pension is no longer in business, then they have nobody to claim against. This is not actually true, as there is a process in place for mis-sold pensions that allows you to still make a claim through the Financial Services Compensation Scheme.

If you believe you were mis-sold a pension by a company that has gone bust, then call us now on 0800 014 8275.

25/10/2022

With new scams hitting the headlines almost every day, here at Pension Justice we want to share as many bad advisors and scams as we can with our community of followers, to help you protect yourselves and each other from lost financial freedom.

A few more names to add to your "hang up and avoid" list include:

- Douglas Baillie Ltd
- Henderson Carter Associates Limited
- Blue Infinitas

Look out for more posts like this from us, favourite and save them for future reference.

https://pensionjustice.co.uk/compensation-for-bad-pension-advice/