Money and Me Solicitors

Mis-sold Pension Transfers for NHS staff

The NHS Pension Scheme comes with many valuable benefits, and is regarded as being a secure source of income for NHS workers throughout their career, as well as later in life.

Unlike some private schemes, the NHS pension will pay workers and retired staff until their time of death, giving employees a guaranteed salary and peace of mind.

However, many NHS workers, whether current or retired, may have been subject to poor and unsuitable advice from an independent financial advisor or other financial body, advising them to transfer their pension in favour of a “better” private pension plan.

While these plans may have been sold to them as being more valuable, with tempting offers like tax-free cash or an increased payout, these claims may have been false in so many cases, or not applicable to the person receiving the advice to transfer.

Many NHS workers, therefore, were provided with poor and unsuitable advice, and have now found themselves severely out of pocket – sometimes in the region of thousands of pounds of their own savings.

If you are a current or ex-NHS worker, and have transferred your NHS pension to a private scheme due to advice from a financial representative, you may be entitled to make a claim for any losses you have suffered.

At Money and Me Solicitors, we provide expert legal advice to NHS workers who believe they may have been mis-sold an unsuitable pension plan. Providing honest advice and transparent support free of jargon, we will look to build a strong case for your claim, and act as your representative, with a view to securing valuable compensation for any loss we can establish has occurred.

Don’t hesitate, find out now if you may be eligible to claim……….

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Were you a member of the NHS Staff (Final Salary/Defined Benefit) Pension Scheme?
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If you feel that you may have been wrongly advised to transfer your pension, reach out to the team today. If we believe your claim has possible merit, we will offer our legal services on a No Win No Fee basis where so long as you allow us to proceed with your claim or claims to a conclusion, we will only charge you a fee from any successful compensation we recover for you. If you are already a client of Money and Me Solicitors and have a friend who wants us to act for them too, please click the link for details of our Refer a Friend Scheme.

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