{"id":62,"date":"2024-01-18T09:45:51","date_gmt":"2024-01-18T09:45:51","guid":{"rendered":"https:\/\/greatclaims.co.uk\/?page_id=62"},"modified":"2024-02-06T16:59:03","modified_gmt":"2024-02-06T16:59:03","slug":"mis-sold-pensions","status":"publish","type":"page","link":"https:\/\/greatclaims.co.uk\/mis-sold-pensions\/","title":{"rendered":"Mis-Sold Pensions"},"content":{"rendered":"
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\nMis-Sold Pensions Claims:
Compensation for Unsuitable Pension Advice.\n<\/h1>
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\nQuick Guide\n<\/h1>
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    \n \n \n <\/svg>\n <\/span>\n \n Financial advisers must thoroughly explain the risks of pension transfers; failure to do so may constitute negligent financial advice and mis-selling. It's essential they ensure clients are fully informed about potential risks and implications.\n <\/span>\n <\/div>\n \n <\/li>\n\n \n \n
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    \n \n \n <\/svg>\n <\/span>\n \n Pension mis-selling can significantly impact your retirement finances. Great Claims can review your situation to determine if you have a valid compensation claim.\n <\/span>\n <\/div>\n \n <\/li>\n\n \n \n
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    \n \n \n <\/svg>\n <\/span>\n \n Operating on a no-win, no-fee basis, you owe us nothing if your claim is unsuccessful.\n <\/span>\n <\/div>\n \n <\/li>\n\n <\/ul>\n\n<\/div>\n<\/div><\/div><\/div>\n<\/section>
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    Have you had poor pension investment advice?<\/h3>\n

    Pension mis-selling refers to the provision of unsuitable financial advice regarding pension transfers or investments, often accompanied by exaggerated promises of gains. This malpractice can lead to smaller-than-expected retirement pension funds. If your pension for retirement appears to have been mis-sold, you could be eligible for compensation.<\/p>\n

    Financially inexperienced investors are frequently enticed by the appealing promises of certain pension schemes. Unfortunately, these schemes often carry high risks, potentially leading to significant financial losses. Additionally, accessing pension funds prematurely can attract hefty tax liabilities.<\/p>\n

    Despite the UK Chancellor's assurances in 2015 that pension mis-selling concerns were baseless following new reforms, subsequent evidence indicates that regulations were inadequate to safeguard the vast number of individuals with access to their pensions. Since then, there has been a notable increase in the number of mis-sold pension claims in the UK.<\/p>\n

    If you were advised to transfer your pension from a previous employer\u2019s scheme to a personal pension, and this move was not suitable for your circumstances, you might have a valid claim for compensation. Great Claims assists individuals who have received poor advice about transferring away from a previous employer\u2019s pension scheme, helping them to seek rightful compensation.<\/p>\n<\/div>

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    Have you had poor pension investment advice?<\/h3>\n

    Pension mis-selling refers to the provision of unsuitable financial advice regarding pension transfers or investments, often accompanied by exaggerated promises of gains. This malpractice can lead to smaller-than-expected retirement pension funds. If your pension for retirement appears to have been mis-sold, you could be eligible for compensation.<\/p>\n

    Financially inexperienced investors are frequently enticed by the appealing promises of certain pension schemes. Unfortunately, these schemes often carry high risks, potentially leading to significant financial losses. Additionally, accessing pension funds prematurely can attract hefty tax liabilities.<\/p>\n

    Despite the UK Chancellor's assurances in 2015 that pension mis-selling concerns were baseless following new reforms, subsequent evidence indicates that regulations were inadequate to safeguard the vast number of individuals with access to their pensions. Since then, there has been a notable increase in the number of mis-sold pension claims in the UK.<\/p>\n

    If you were advised to transfer your pension from a previous employer\u2019s scheme to a personal pension, and this move was not suitable for your circumstances, you might have a valid claim for compensation. Great Claims assists individuals who have received poor advice about transferring away from a previous employer\u2019s pension scheme, helping them to seek rightful compensation.<\/p>\n<\/div>\n