In April 2015 the government changed the rules around public sector pensions, which includes Armed Forces Pensions. This meant that after this date, transfers out of public sector pensions were no longer permitted.
This was done to stabilise the long-term funding of these schemes.
However, in our opinion, this “deadline” may have unintentionally contributed to the current mis-selling scandal that’s threatening the retirement future of thousands of people, who transferred out of their pension schemes into private schemes, such as SIPPs.
How were people mis-sold their Armed Forces Pension?
Often approached by an introducer company offering a free pension review and using tempting incentives such as cash lump sums and “guaranteed” better returns in order to persuade people to transfer.
It’s only in rare circumstances that transferring from a final salary scheme,
such as the Armed Forces Pension Scheme, would actually be more beneficial.
Therefore, any advice to do so may mean you’ve been mis-sold and you
could claim compensation.
Get in touch to find out if you are eligible to make a compensation claim. Once you get confirmation that you have been mis-sold your pension, you have two options:
We do encourage you to shop around if you are seeking professional help with your claim.
1. We are one of a small handful of firms (approx. 5 out of 119) whose fees are below 20%.
2. Our fee is 18% inc VAT on the total monies awarded for a successful claim. There is no charge (zero) for unsuccessful claims.
3. We have a 99% success rate for claims
I’ve been given my life back..from a truly very competent and extremely helpful company.. No discussion is too trivial and it took two months from the application being presented (once all documentation was ready ) to the FSCS.. to actually receiving the full compensation payment.. And it doesnt stop there..as further compensation is being ‘professionally’ explored with a high probability of a maximum compensation payout again.. I cannot recommend Pension Claim Consulting more highly ..If you lost your pension or a significant proportion of it from a SIPP ‘that went south’. Give them a call. You won’t regret it! - Andy Gleeson
I had experienced major problems with my sipp investment company and thought i had lost everything. Pension Claim Consulting fought my battle for me with excellence results and now giving me invaluable finance advice. Very clear and easy to understand and patience when needed. I would recommend them 100%. – Susan Elizabeth Miller
I can not thank this company their wonderful staff for the service they have provided to myself. Every time I ring they are so helpful friendly and always go beyond expectations to help me with my query. Brilliant company and staff x – Judy Murray
Took just over a year for the claim to be settled but, hey, £69,700 hit my bank account this morning........ The Jack Russell can look less worried now as we are having turkey for Christmas 🙂 Seriously though, great result and top research by the team in investigating the incorrect advice I was given. Many thanks to all !!
If you wish to register a complaint, please call 0114 266 4216 or write to us at our registered office address. You can also contact us by e-mail email@example.com. A summary of our internal complaints handling procedures for the reasonable and prompt handling of complaints is available here. If you cannot settle your complaint with us, you may be entitled to refer it to the Claims Management Ombudsman as part of the Financial Ombudsman Service at www.financial-ombudsman.org.uk or by contacting them on 0800 023 4567.
From the date you sign our agreement if you cancel during the first 14 days in the Cooling off Period you will not have to pay a cancellation fee to us.
If you cancel this agreement after the 14 day Cooling off Period our cancellation fees may apply. We reserve the right to charge £150 + VAT per hour for the work we have carried out up to the point of cancellation. If you cancel on or after an offer of compensation has been made our cancellation fee is 18% inclusive of VAT which is calculated on the gross amount of the offer of compensation awarded to the claim.
Pension Claim Consulting Ltd is regulated by the Financial Conduct Authority, in respect of regulated claims management activities authorisation number FRN 829766. Pension Claim Consulting Ltd registered business address is 3 Stokes House, Stubley Lane, Derbyshire, S18 1PG which is registered in England and Wales under registered number 9626782.