Giving bad pension advice is a form of financial mis-selling, it’s as simple as that. Over recent months, the UK watchdog has expressed numerous concerns that thousands of people are wrongly being mis-sold a pension. This means that thousands lose out on getting the right retirement income that they are entitled to. What is pension [...]
When it comes to your workplace pension scheme, it is important to know that you are being paid the right level of contribution from your employer. For every scheme, the Government has set minimum levels of pension contributions that must be paid by you and/or your employer. It is the responsibility of your employer to [...]
There’s a blurred line between investments that are considered low-risk and those that are considered high-risk. Some sellers may even purposely blur this line in order to convince you to invest your hard-earned money in a product that’s not suitable for you. If you’re wondering what exactly classifies as a high-risk investment, then you’re in [...]
At Expert Pensions Claims, we want you to be confident about the basic financial terms and concepts that are out there. We believe that knowing about important financial terms would limit the chances of you falling into the hands of common scams, such as financial mis-selling. So, with this in mind, we have compiled a [...]
Ahh...the new year! The perfect time to make promises to better yourself. Whether you do New Year's resolutions or not, we at Expert Pension Claims believe that it is imperative to become ‘scam smart’ this 2020. To put it simply, being ‘scam smart’ is being aware of how to spot the common signs of a [...]
Across the United Kingdom, millions of people are regularly given bad pension advice which leads to a bad pension transaction. Ultimately, this leaves millions of people in financial hardship as they approach retirement. In fact, statistics from the Financial Services Compensation Scheme (FSCS) reveal that mis-sold pensions in 2018 led to compensation payouts of more [...]
To avoid the dangers of financial mis-selling, you need to have the right information at your disposal so you can be fully informed. It’s exactly the same when it comes to pension investments. There is a whole range of pension investments out there, and each one holds varying levels of risk - which is why [...]
Have you ever noticed financial companies showcasing their ‘FCA regulated’ status? It’s important for financial businesses to be FCA regulated, but understanding what this means for you is just as important. In this guide, we take a look at what FCA regulated really means for consumers and the importance behind the regulation. What is the [...]
Oh, the dreaded 'M-word' - money. Whether we like to admit it or not, money does have a significant impact on all areas of our lives. However, the good news is that the subject of money doesn’t have to be so daunting if you have a sense of financial literacy. The concept of financial literacy [...]
Where investments are concerned, there is always going to be an element of risk involved. Whether you’re investing lots of money or just a little, there’s a real chance that you’ll lose some. Of course, this is why you should invest according to how comfortable you are with risk. For example, you may be comfortable [...]
