The world of finance can be daunting and confusing, and it’s important to seek help from an experienced advisor to help you through your financial journey whenever you need to. From advice on pensions to advice on investments, there are so many different types of financial guidance that are available to you. Mortgage services For [...]
If you have opened a newspaper or taken notice of the Internet over the last few years, the chances are you’ve read about the PPI scandal. Although this ended in 2019, its very existence has highlighted a wider issue with financial mis-selling in general. From SIPPs (Self Invested Personal Pensions) to ethical forestry investments, financial [...]
BBC News have recently reported on how MPs are due to increase their inquiry of miss sold pensions to defined benefits scheme. As many loyal workers at BHS have since found out the true dismay their pension pot could be left in after the collapse of retail giant British Homes Stores. Lesley Titcomb the CEO [...]
It’s a sad fact of life that thousands of people around the country are still being scammed out of their hard earned savings for retirement, despite the pension reforms that have taken place. That number is probably set to rise as well. Where a lot of this is happening is where the over 55s are [...]
The mis-selling of pensions began in the late 1980s and continues to this day. According to recent studies and reports, there are more than seven million people affected in the UK by this scandal with many not actually realising until it’s too late. Recent years have seen consistent growth in the number of payouts made [...]
According to the New City Agenda think tank, bad investment advice and mis-selling has cost UK bank around £880 million pounds over the last 12 years. The research also showed that UK banks have had to pay out over fifty billion pounds worth of compensation to cover some massive scandals. You can see a list [...]
In recent years, there have been an increasing number of news reports about how unregulated pension investments are badly affecting people’s retirement plans. At Expert Pension Claims, a claims management company, this reality is a growing concern for us. After all, due to our daily work in helping people claim compensation for a mis-sold pension [...]
In a recent interview with The Telegraph, Baroness Altmann stated that she believed pension providers should “write off” fees, penalties, and charges that are being charged to savers who withdraw their funds. The pension’s minister went on to say that these penalties that are levied as “exit charges” should be cancelled as they are in [...]
The new pension rulings that come into effect today mean that around six million people in the UK could lose out as much as £37 each month from their pay packet. This is due to national insurance costs increasing by 1.4%, which has been implemented in order to save the Treasury five and a half [...]
The mis-selling of investments isn’t something that can just happen to the ordinary man in the street. Recent news coverage has highlighted some high profile cases where celebrities have been the victims of investment mis-selling. Late last year The International Business Times reported on how several former Premier League stars, including Martin Keown and Rio [...]
