Mis-sold Pension Claims

Our team of experienced solicitors specialises in recovering mis-sold pension losses on a No Win, No Fee basis – 95% success rate.

Most pensions are typically invested conservatively to ensure stability and security for retirement. However, a mis-sold pension can happen when a financial adviser fails to properly explain the risks and benefits of a pension transfer. This could mean not providing all the necessary information, recommending high-risk investments that don’t suit your needs, or making unrealistic promises about returns. If you have been poorly advised or pressurised into making a decision that wasn’t in your best interest, we can help.

Pensions aren’t automatically mis-sold—everyone has different financial goals and needs. However, there are some clear ‘warning signs’ that could indicate you received poor advice. If any of the following sound familiar, it’s important to reconsider whether your pension transfer was truly in your best interest:

• High-Pressure Sales Tactics – Were you cold-called, pressured into making a quick decision, or told to act fast without time to think?
• Unregulated Advisers & High-Risk Investments – Did an adviser who wasn’t regulated by the Financial Conduct Authority (FCA) encourage you to invest in risky, unregulated schemes like overseas property or cryptocurrency, promising “guaranteed” returns?
• Lack of Balanced Information – Were you given no explanation of the pros and cons of keeping your pension where it was, particularly if you had a defined benefit pension with guaranteed income?
• Inaccurate Risk Assessment – Did your adviser fail to consider your personal circumstances and wrongly classify you as a high-risk investor when you were close to retirement?
• No Written Advice – Did your adviser only give verbal recommendations without providing clear, written documentation outlining their advice?
• Hidden or Excessive Fees – Have you noticed high charges, hidden fees, or unexpected exit costs that weren’t clearly explained?

Still not sure if you’ve been mis-sold a pension? Discover the 8 Warning Signs of a Mis-Sold Pension and learn how to protect your retirement savings.

Step 1: FREE initial consultation to assess your claim.
Step 2: Gathering evidence and building your case.
Step 3: Handling negotiations with the adviser or company.
Step 4: Recovering your money.

We have over 17 years’ specialist experience in pension professional negligence and boast a team of lawyers working exclusively on these cases. We can offer you:

• A FREE initial consultation in order to assess your claim.
• Evidence gathering to build the strength of your case.
• The presentation of your claim to the adviser and/or redress body.
• Handling negotiations with the adviser or their legal representatives.
• Multiple ways to recover your money, either through alternative dispute resolution or the court as a last resort.

There are strict time limits that apply to making a pension mis-selling claim. Broadly speaking, you have six years from when you received transfer advice, but this is a general rule, and a number of different time limits might apply in your specific case. It is very important to get the right advice as soon as possible so you know when to make a claim.

If you are successful with your claim, you are entitled to a sum of compensation that puts you back into the position you would have been in had no wrong been done. This includes a claim for all of your capital losses that have been suffered, plus the gain that your pension would now be worth if it had been suitably invested instead of mis-sold. Average compensation will therefore vary immensely, but you should always aim to recover more than you originally transferred.

If the guilty party admits liability straight away, then the case might only last for a matter of months. Conversely, if it is necessary to pursue a guilty party all the way to the end of an alternative dispute resolution bodies’ resolution scheme, or possibly starting court proceedings, then the case may take several months longer. We believe that, with our help, we will be able to recover your pension losses as quickly as possible.