FAQs – Pensions & SIPP Mis-Selling
As time goes on, the extent of the pension mis-selling scandal becomes increasingly apparent. To help you determine whether you can make a claim, our compensation experts are here to answer your frequently asked questions about pension mis-selling.
Q1.It was a long time ago, I don’t know if I have any paperwork, can you still help?
Q2. How far back can you look into pension transfers?
Q3. How long does a claim take?
Many of the cases we deal with involve advisers or businesses that have stopped trading. In these circumstances we will take your case to the Financial Services Compensation Scheme (FSCS). The turnaround for these claims is around 3 to 6 months.
Q4. What are some examples of a mis-sold Pension product?
These usually contain Overseas Property, Land, Storage Units, Carparks, Carbon Credits, Loan Notes, Bio Fuels, Farm land, Forestry, Ecological Energy plus many more.
Q5. How much will I receive in compensation?
The average payout we get for our customers from claims to the FSCS is £22,500.
Average calculated between Jan 2017 to date and before deduction of our fees
Q6. The company that advised me to transfer my pension is no longer trading, can you still help?
We will need some basic details from you but from thereafter we will take over and begin the process of investigating what happened and how best to get your money back.
Q7. What are your fees?
Please note: If you cancel after 14 days and we have already submitted your claim, and an offer of compensation is subsequently made, we will charge our full fee.
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The above fee illustration is not to be taken as an estimate of the amount likely to be recovered for you.
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Why choose us?
- Hassle-free process.
- No lengthy paperwork to complete.
- Your own dedicated claims expert.
- Claims settled within 8 weeks on average.
Speak to our friendly experts
If you feel you've been let down by your bank or financial adviser please call us.
Call today 0808 163 1659
Pensions Customer Stories
We've helped thousands of people win compensation as a result of unsuitable financial advice.
Great service, very pleased with the end result on a mis sold pension plan. Kept up to date at all times
Absolutely fantastic! Over the moon with my claim. Couldn’t have asked for better people to help me, would definitely highly recommend
Until Goodwin Barrett contacted me, I was unaware I was badly advised. Goodwin Barrett made a successful claim for me. Thumbs up to them
I thought my pension was lost until I contacted Goodwin Barrett, they helped me every step of the way to retrieve my pension
Figures shown are before the deduction of our fee.