Mis-sold Investments
Self-Invested Personal Pensions (SIPPs) offer flexibility but come with risks. If you were mis-sold a SIPP by being unaware of these risks or through misleading advice, the Pension Claims Expert can assist you in claiming compensation.
Mis-sold investment products
If you weren’t given the correct information or weren’t told how your money would be invested or the risk involved with that investment, you might have been mis-sold the investment product.
Mis-selling of investment products can also occur if you discussed your needs and attitude to risk with the adviser and you find the investment product sold to you doesn’t match this. There advice may have been negligent or deliberate and reckless resulting in misrepresentation.
If the investment sounds too good to be true, check whether the advisor is registered with the FCA.
There are many factors affecting the performance of all investments, but there are questions you can ask yourself to identify whether you’ve been the victim of mis-selling
Key Indicators of being Mis-sold:
- Your adviser did not properly explain the risks involved?
- You were not made fully aware that you might have lost money overall at the end of the agreed investment period?
- You were not made aware of how much money you stood to lose over the investment?
- Your adviser did not clearly explain to you how the investment product worked?
- The terms of the investment were not fully explained – were you made aware of the financial penalties for taking out your money early?
- You were not made aware of the annual management charge figures.
- Your adviser did not ask what the returns were earmarked for – retirement, school fees, health care, and so on?
- You were not advised of the alternatives explained if the investment proved unprofitable?
Misselling is a significant problem in the financial services industry and financial industry regulators. Brokers, financial advisors, bank representatives or other salespeople of financial products or services who are compensated based on commissions may have significant incentives to sell investments or investment products based on how much they can earn rather than what is suitable or what is needed by a customer.
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You may be eligible to claim if:
If any of these scenarios apply to you, please contact us to explore your options for claiming compensation. We're here to provide clear, professional advice and support.
How We Assist You
Comprehensive Assessment
Our process begins with a detailed review of your pension arrangement. We look into the advice you received, the compliance of the financial advisors with regulatory standards, and the overall suitability of the pension product based on your circumstances at the time of agreement.
No Win, No Fee
You can pursue a claim with confidence under our No Win, No Fee agreement. This means you will only pay for our services if we successfully reclaim your pension funds. This policy ensures that our services are accessible to those who need them most, without the risk of incurring upfront legal costs.
Managing Your Claim
We handle all aspects of the claims process for you. From gathering necessary documentation to negotiating with pension providers and regulators, our experts manage each step with meticulous attention to detail. Our goal is to ensure that your case is presented effectively and efficiently, maximising your chances of a favourable outcome
Securing Compensation
We strive to obtain the best possible outcome for you, which may include a full refund of premiums paid, compensation for financial losses incurred due to inappropriate advice, and interest.
Why Choose Pension Claims Expert?
Expert Guidance: Our expertise in financial litigation and pension regulations ensures we offer proficient and practical advice.
Client-Centred Approach: We tailor our strategies to suit individual client needs, ensuring personalised service.
Clear Communication: We keep you informed throughout the process, providing transparency and peace of mind.
If you suspect that your pension transfer was mis-sold, contact Pension Claims Expert today. We are dedicated to helping you reclaim the financial security you deserve.
Frequently asked questions
Mis-sold investments occur when the advice given is unsuitable, misleading, or deceptive, and where the client’s investment objectives and risk profile are not considered.
Yes, you can typically claim for mis-sold investments up to six years after the sale, or three years from when you could have reasonably discovered the mis-selling.
Documentation of the advice provided, your financial situation at the time of investment, your investment experience, and the risk profile discussed are critical in proving mis-selling.