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Mark Beswick from Wakefield got back £17,150 for a mis-sold FSAVC

Mark worked for West Yorkshire Passenger Transport Executive and was a member of the Local Government Pension Scheme. He was 48 and wanted to put extra money towards his retirement planning so he could be financially comfortable when he stopped working at age 60. He arranged to see a financial adviser who was a Partner of St James’s Place.

Mark was advised to invest £55 per month into an Additional Retirement Plan and this gradually increased to £89.54 when he retired in 2009. The sum he had built up was used to provide additional income on top of his work pension.

Mark spoke with Goodwin Barrett after seeing our ad as we had highlighted that it was often unsuitable to put money into a separate pension when your employer offered a much better scheme. We compared the value of the income Mark was receiving to the benefits he would have received if he had put his monthly contributions into his occupational scheme. It was clear that he would have been much better off keeping with his original plan.

We sent our claim to St James’s Place explaining that Mark was advised incorrectly to pay into the Additional Retirement Plan and they investigated the recommendations they made to him. They agreed with our findings and paid Mark £17,150 in compensation.

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Pensions Customer Stories

We've helped thousands of people win compensation as a result of unsuitable financial advice.

Darren Byworth Great service, very pleased with the end result on a mis sold pension plan. Kept up to date at all times
Darren Byworth from York got back £23,000 for a mis sold SIPP
Gail Baldwin Absolutely fantastic! Over the moon with my claim. Couldn’t have asked for better people to help me, would definitely highly recommend
Gail Baldwin from Accrington got back £9,900 for a mis sold SIPP
Denis Probert Until Goodwin Barrett contacted me, I was unaware I was badly advised. Goodwin Barrett made a successful claim for me. Thumbs up to them
Denis Probert from Bracknell got back £2,700 for a mis sold FSAVC
Michael Houston I thought my pension was lost until I contacted Goodwin Barrett, they helped me every step of the way to retrieve my pension
Michael Houston from Scarborough got back £50,000 for a mis sold SIPP

Figures shown are before the deduction of our fee.