3 min read
Thinking about your retirement can be exciting, but what if past financial decisions are causing you concern? Mis-sold pension products can have a significant impact on your retirement savings.
The recent news of the FSCS declaring Oakwood Financial Management and GO IFA Ltd in default highlights the ongoing issue of pension mis-selling. These cases are a stark reminder of the financial hardship such practices can cause.
Here's the good news: If you suspect you were mis-sold a pension, you might be able to recover your losses. This article will explain how pension mis-selling can occur and, more importantly, how Justizia can provide the relief you need by helping you get the compensation you deserve, giving you peace of mind for your retirement.
What is Pension Mis-selling?
Pension mis-selling happens when a financial adviser gives unsuitable advice about pension options. This could involve:
- Pressuring you to transfer a safe final salary pension into a riskier scheme.
- Failing to explain the risks involved in a new pension product properly.
- Not considering your circumstances and retirement goals.
The impact of mis-selling can be significant. You might have a lower retirement income or face unexpected fees.
How Can Justizia Help?
At Justizia, we understand the financial and emotional stress caused by pension mis-selling. Our team of highly skilled legal experts, with a proven track record of helping clients recover their losses, is here to provide you with the confidence you need.
- Free Initial Assessment: We'll review your situation without cost and determine if you have a strong compensation case.
- Gathering Evidence: We'll work with you to collect evidence of mis-selling, such as communication records, pension transfer documents, or financial adviser statements.
- Claim Submission: We'll handle submitting your claim to the appropriate body, be it the Financial Services Compensation Scheme (FSCS), Financial Ombudsman Service (FOS), or Pension Ombudsman (PO).
- Expert Representation: Throughout the claims process, we'll represent you, ensuring your rights are protected and advocating for the maximum compensation possible.
- Understanding Compensation and the Claims Process: We'll keep you informed every step of the way and explain the compensation you may receive based on your case.
Don’t worry about legal fees, we operate on a 'No Win, No Fee' basis. This means there are no upfront costs; our fees are only payable if we successfully secure compensation for you. Take control of your financial future with the security of our 'No Win, No Fee' payment structure. Contact Justizia today for a free consultation. Call us at 0330 818 3415 or email us at contactus@justizia.co.uk.
Time is of the essence! The sooner you act, the better your chances of recovering your losses. We're here to answer any questions you may have about pension transfers or general pension planning. Visit our website for more information or stay updated with the latest news by following us on social media!
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