Over the last few years, pension mis-selling has been a problem that plenty of people have had to face, leaving them angry and out of pocket. But, how do you even know that you’ve been mis-sold a pension in the first place?
If you have a State Earnings Related Pension Scheme (SERPS), you may have been mis-sold this pension product, and be able to claim compensation.
Mis-sold pensions scandals have rocked the financial sector for a few years now, and it’s likely that mis-selling of defined benefit (DB) pensions transfers will become another big scandal in the making from 2020 onwards. If you’ve transferred your DB pension in the past, this brief summary offers useful advice and information about mis-selling to help you gauge whether you may have a valid claim.