Mis-Sold ICI Final Salary Pension Transfers
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Did You Move Your Retirement Fund Away From The ICI Defined Benefits Pension Scheme?
It may come as no surprise to learn that negligent financial advisers have been targeting people with rare and valuable defined benefits pensions like those from ICI for years, leading many people to transfer away, giving up valuable benefits in the process.
Often, this may have been on the promise of more money in retirement, better access to tax-free cash, or for alternative death benefits.
But a recent review by the watchdogs at the FCA revealed that less than 50% of transfer advice to move away from Final Salary pensions was found to have been suitable.
In fact, people who transfer such pensions as many as 10 years before they intend to retire, may lose up to 50% of their total pension over time.
Can you make a claim?
Let’s rewrite your financial story
We are here to rewrite the book for you. And luckily we are pretty damn good at creating happy endings.
We are here to rewrite the book for you. And luckily we are pretty damn good at creating happy endings.
When you get let down by someone you thought you could trust, it can leave its mark on you, emotionally and physically.
We are committed to transparency and fairness in the way we conduct with clients, including how we charge for our claims services.
Risk And Undetected Losses
People who move their pensions from schemes like the ICI defined benefits scheme often don’t realise the risk they have undertook, and how much money they may have lost by moving (afterall, the pension pots often appear as if they are growing).
Worse still, many people were persuaded to make pension investments that put their money at further risk in a volatile market, open to the effects of a volatile market and big events like Brexit, cause many people’s pension to grow at rates well below their Critical Yield, and even lose money.
In many cases, losses in the thousands can remain undetected until a conversation with a Spencer Churchill Claims Advice case assessor.
Spencer Churchill Claims Advice
We set up Spencer Churchill Claims Advice to fight for people who have been mis-sold their pensions and stand to lose money because of it. A specialist firm, we only deal with financial negligence cases, using our extensive knowledge, experience and strategy.
Our team are dedicated to winning claims, and it’s meant that we’ve recovered over £Millions* on behalf of our clients, as well as appearing on ITV Tonight documentaries as specialists in pension mis-selling cases.
Always working on a No Win – No Fee* basis, we don’t believe clients should have to pay upfront for a chance at justice over their pensions, and we offer anyone with concerns about their pension a FREE initial assessment to see if they can make a claim.
Don’t take pension mis-selling lying down. Find out if you can make a claim for compensation with Spencer Churchill Claims Advice.
Do you know how people complained about mis-sold investments and pensions in the last year?
A lot. Over twenty thousand complaints were made about mis-sold pensions and investments in 2020/21, a figure which had doubled since the year before.. It’s no secret how serious this problem is, and it just seems to keep getting worse.
Have you been a victim of financial mis-selling?
Reaching out for help is never easy,
especially if you’ve been misled in the past.
But getting in touch with us won’t commit you to anything. We want to toss you a lifeboat and guide you through the choppy waters of the financial ocean, not leave you struggling to stay afloat. Our experts are here to offer advice and support on financial claims. We know what we’re doing and you can trust that if you’ve got questions, we’ve got answers.
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Spencer Churchill Claims Advice Will:
- Speak to you in plain English
- Provide you with a dedicated claims specialist
- Pay attention to the small details of your case
- Keep you up to date with the status of your claim
- Make sure you understand our charges
- Do absolutely everything we can to win your claim
How does our claims process work?
With millions of mis-sold pensions reported, it’s worth finding out if you can get your money back. Here’s how our simple process works:
What types of claims do we handle?
Find out how much you could claim today
Ready to take the next step? We’re here with clear, no-pressure advice. Give us a call today to find out if you have a valid claim
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Tuesday: 8:00am–6.00pm
Wednesday: 8:00am–6:00pm
Thursday: 8.00am–6.00pm
Friday: Office Closed