Self Invested Personal Pensions -

Were you advised to switch your pension?

The Financial Conduct Authority has said one-third of savers were given inadequate advice surrounding their pension. We can help you claim compensation.

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Why choose Sarah Waddington Solicitors?

As a firm of Solicitors we can help you claim the compensation you deserve. We operate this type of case o a No Win No Fee basis so there are no upfront costs.

Based in Hertfordshire, we operate nationally, there is no need for you to visit our office. Everything can be done online or over the phone.

We will prepare everything on your behalf. Once we take the initial information from you we will be able to handle the entire process.

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What is a SIPP?

A Self Invested Personal Pension (SIPP) is a pension scheme, approved by the government and were introduced at the end of the 1980’s.

It is thought over one million pension holders in the UK have used a SIPP. It was thought that a SIPPs could help you increase your pension pot as your money would be used to fund riskier investments.

However, SIPPs were widely mis-sold and thousands have lost substantial amounts of their savings as a result of this.

In light of this, the FSCS (Financial Services Compensation Scheme) expect to pay £100 million in compensation costs where complaints are made about the mis-selling of this product.

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Were you mis-sold?

It is likely you were mis-sold if you were:

Given poor advice
Had a lack of understanding
Were given hard sales pressure
Had income tax implications
Advised you could avoid tax
Not given transparency of fees
Were not given advice on the risks.

Contact our team today