Thousands have been wrongly advised to transfer their company pension scheme to a personal pension plan, which for may has had devastating results. There are only a few scenarios where it would be suitable to switch from a company pension to a personal pension but, due to poor advice, many people have been mis-sold a pension. Unfortunately, as a result, many lost out on benefits such as employer contributions a guaranteed income in retirement and lower administration fees, that they would have enjoyed had they stayed in their company pension scheme.
The long term impact of mis-sold pension transfers is a pension that maybe worth considerably less than expected – all at time when it is needed it most. However, you may be entitled to compensation if you have been mis-sold a pension transfer plan. As with anything in life, you can choose to claim yourself or seek further advice before starting your claim but if you decide to use our services we operate on a no win no fee* basis. If you are successful or fee is 20% + VAT which is a total of 24%.
If you’d like to start a mis-sold pension compensation claim with EMCAS, request a call back or find out more about how pension transfers have been mis-sold click on one of the links below. Alternatively, find out if you have been mis-sold other products, such as an FCAVC pension. *Subject to fees in the event of cancellation. Please see our Terms & Conditions for further details.