Ready to Retire?

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Retirement should be a time of relaxation and enjoyment after a lifetime of work, and you should not have to be worried about your pension!

The pensions mis-selling scandal of the late 1980’s rumbles on. More than a million people are thought to have been incorrectly advised to take out personal plans when they would have been better off in a company scheme.

Compensation has been paid to hundreds of thousands of people, but not every case has been cleared up. And while the watchdogs have tightened up all the rules on pension selling it is still possible for bad advice to be given. So be wary.

If you think that your pension is not going to give you the rewards that you were expecting due to being given false or improper advice contact us today and we will check for you and determine if you would be entitled to any compensation.

Don’t delay, call on 01942 619911 today!


Mis-sold Financial Advice

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If your bank or another financial company sold you a product that wasn’t suitable for you, you might get compensation if you make a complaint.

Mis-selling means that you were given unsuitable advice, the risks were not explained to you or you were not given the information you needed and ended up with a product that isn’t right for you.

Payment protection insurance (PPI) mis-selling examples

There are many ways you might have been mis-sold PPI.

Here are some of the most common:

  • you were pressured into buying the PPI
  • you weren’t told about exclusions to the policy
  • you weren’t told that you could buy PPI from another company
  • you were unemployed or retired when you were sold the PPI
  • you were told that PPI was compulsory and that you had to take it out

 

Mis-sold mortgage examples (including endowments)

Some ways you might have been mis-sold a mortgage:

  • your mortgage end date is after your retirement date
  • you weren’t told about the commission the adviser would receive from the lender
  • you were advised to self-certify (borrow money without proving your income) or overstate your income in order to borrow more
  • you were advised to switch lenders and weren’t told about the fees and penalties

 

Mis-sold investment examples

Some ways you might have been mis-sold your investment:

  • you weren’t told about the risk involved
  • you weren’t told how your money would be invested
  • the product didn’t suit your needs or attitude to risk that you discussed with the adviser.

Could you have been mis-sold financial products? It costs nothing to find out so call today on 01942 619911 and speak to one of our advisers.

 


PPI Deadline is Drawing Closer!

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The PPI deadline is the 29th of August 2018! Are you sure you don’t have a claim? It costs you nothing to find out, just give us a call on 01942  619911 and we will do the rest! You may have had your claim rejected but it’s still worth giving us a call and you may find that you are entitled to £1000’s, you have nothing to lose!

Start your Claim Today. Don’t Miss the Deadline. No Obligation Enquiry. Types: No obligation enquiry, Reclaim what you’re owed, Don’t miss your chance, Get mis-sold PPI returned, You could be owed £1,000s.

Over £20 billion has already been repaid, but it’s just a fraction of what may be owed. So even though the deadline’s a way off, don’t dawdle. From August the regulator will spend millions marketing the cut-off, likely clogging up the system, so do it now to get to the front of the queue.


How safe is my pension

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The FCA has said it remains in most people’s best interests not to give up a defined benefit pension, which pays a secure, indexed income for life.Concerns have risen that some advisers are encouraging transfers by using doubts over the security of company pension funds.

Others have warned that employers were stoking interest in transfers, by offering to pay transfer advice costs for members.Pensions rules require those with defined benefit scheme rights worth more than £30,000 to obtain advice from a regulated independent financial adviser before they can transfer, but can you be sure that the advisor has your best interest in mind or is being driven by large commission incentives?Savers who withdraw regular chunks of cash from their pensions risk £13,500 being gobbled up by expensive funds over their retirement money Mail today reveals how insurers are hitting loyal customers with hefty fees when they try to use the pension freedoms to dip into their pots.In most cases, insurers offer to move savers’ cash into a small range of investment funds — unless the customer makes a special request.

But few savers realise there is a huge difference between the charges on the cheapest and most expensive plans.f a pensioner’s pot is fed into an expensive fund by default they could also run out of cash up to five years earlier than if they switched plans.Campaigners warn that savers face a new pensions scandal — and have called on the Government to intervene.


PPI? It’s not too late to make a claim!

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The Financial Conduct Authority has issued a deadline notice on August 29, 2019 for payment protection insurance.

If you haven’t made a claim yet, then make sure you do so before the deadline as is believed that many consumers may make their claims “at the very last minute,” which can terribly slow down the PPI claims process of many banks and its own logistics.

A recent investigation by Channel 4 undercover journalists revealed that 500,000 PPI claims may have received improper judgement from the Financial Ombudsman Service. According to the probers, some interviewed employees mentioned making decisions without investigating all details thoroughly to meet strict deadlines for pay rises and promotions.

For some customers, the deadline represents a second opportunity to receive compensation: 1.2 million customers previously rejected are being told they may have other grounds for complaint.

If your PPI claim has been rejected by the bank contact us today as it may be possible to re-submit your claim.


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