Pension and investment mis-selling – what accountants need to know
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Tim Wixted, solicitor and managing partner of mis-selling litigator at Neglect Assist, has advised readers of Accountancy magazine about the pension system changes.
Wixted warns: “Since April the pension system has changed radically for people reaching their retirement.
Since April the pension system has changed radically for people reaching their retirement…
No longer must people put their defined contribution pension fund into an annuity. Instead, they can draw it down and do pretty much whatever they like with it.
There has yet to be a wave of horror stories of 60-something’s blowing it on fast cars, wild trips to Las Vegas or overindulging in Viking cruises around Scandinavia. But it is a big change and its consequences could easily lead to the misselling of investments that will make the PPI scandal look small beer.
You can read the complete article at: https://www.accountancylive.com/pension-and-investment-mis-selling-%E2%80%93-what-accountants-need-know#sthash.abwNdVyk.dpuf
Why choose Neglect Assist?
- 17 Years of Specialist Experience: With 17 years in professional negligence law, our specialist team focuses exclusively on cases like yours, ensuring expert support every step of the way.
- 95% Success Rate: We have a proven 95% success rate for cases within time limits—far superior to the ombudsman’s 60% uphold rate for pension and investment complaints*.
- £150+ Million Recovered Since 2007: We’ve successfully recovered millions for clients who suffered financial losses due to negligent advice or mis-sold investments, demonstrating our ability to deliver results.
- 1000’s of Successful Clients: Our extensive experience and results speak for themselves—we’ve helped thousands of clients achieve justice.
- NO WIN, NO FEE Guarantee: You pay nothing unless we win, giving you peace of mind and the confidence to seek the compensation you deserve—completely risk-free.
- Recognised Industry Leaders: We are leaders in professional negligence law and are frequently asked by newspapers, TV and radio for commentary on this area of law.
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