- Have you received poor pension / investment advice?
- Has this caused you to lose your investment and/or suffer a dramatic loss in the fund?
Financially inexperienced investors have been enticed by the rewarding promises surrounding certain pension schemes, although these pension schemes on the face of it seem to provide a big return, these are resulting in substantial losses due to the high risks involved in certain schemes.
A FCA report published in December 2018, found that suitable advice had only been given in less than 50% of Final Salary / DB pension transfer cases! That is literally thousands of people, who, due to poor financial advice, have transferred their hard-earned money into unsuitable (and often worthless) investments. In many cases, mis-sold pensions have led to either a substantial or total loss of an individual’s pension fund.
If you believe you have been mis-sold a pension and/or investment following a pension review and your fund has disappeared or substantiality depleted please get in touch with our team to see how we can help.