Pension Annuity Mis-sold by Spectrum Independent Financial Advice Limited
Do you think you were mis-sold or given bad pension advice by Spectrum Independent Financial Advice Limited? We may be able to help you claim compensation for any potential mis-selling.
Welcome to our website which has been dedicated to help people understand if they have been mis-sold their pension and what can be done about it if you feel you have been mis-sold. Firstly let us explain why we have the experience and expertise to help you so you can make an informed choice if this is the right service for you.
Mis-sold Pension by Spectrum Independent Financial Advice Limited
Facility Review’s purpose is to guide clients through the mis-sold journey without hassle on a no win no fee basis. We would like to remind readers that you are not required to use the services of a firm which carries out regulated claims management activity; it is possible for the customer to present the claim themselves for free, either to the person against whom they wish to complain or to the relevant statutory ombudsman or the statutory compensation scheme.
MIS-SOLD PENSION – REASONS
There any many reasons people may have been mis-sold their pension by Spectrum Independent Financial Advice Limited and we will cover the main reasons below and highlight some of the people and occupations that are most likely to have been mis-sold.
The most common reason people have mis-sold pensions is if they were a member of a Final Salary Pension Scheme and have transferred this to a money purchase scheme whether they have left their employer or not. This must have been done on the advice of a Financial Advisor whether tied or independent and must have taken place after April 1988.
- People with Final Salary Pensions included
- Civil Service Pensions
- Railway Pensions
- Teachers Pension
- Police Pensions
- NHS Pension
If you were a member of any of these pensions above or any other Final Salary Pension Scheme and have transferred it then the possibilities that you have been mis-sold a pension are very high and you should contact us today to find out more.
For people who have been or are in a Final Salary Pension and have FSAVCs then they may have also been mis-sold if AVCs were available to them at the time as for most it would have been more beneficial to have been a member of the AVC scheme and not FSAVC scheme.
This is just an indication of people who may have a mis-sold pension if they were a member of any of the pension schemes named above but it is not an exhaustive list and if you are unsure then get in touch with us to discuss your case in more detail.
Mis-Sold Pension Other Reasons
Pension mis-selling is not limited to people with Final Salary schemes and can also affect people who have money purchase schemes which include Personal Pensions, Stakeholder Pensions and FSAVC pensions. It can also affect people who have frozen pensions and have been encouraged to transfer them without proper analysis being carried out.
If you have had a any of the above types of pension since 1998 and are unsure if you were mis-sold the pension or pension transfer by Spectrum Independent Financial Advice Limited then contact us today to find out more.