Financial Justice for Police Force Members
In 2015, the Police Force Pension Scheme underwent changes to its pension plan.
During this time, many independent financial advisors saw this as an opportunity to contact members of the police force, advising them to transfer over to a private pension plan.
Given the changes taking place in their current scheme, many members felt they had a “deadline” by which to make their decision – either remain with their current pension plan, or transfer to a private one.
Police force pensions include many valuable benefits that aren’t available to those with a private plan, so it’s rarely in the employee’s best interest to transfer their pension. However, the uncertainty and perceived pressure of the situation meant that many workers in the police force may have received unsuitable financial advice that caused them to make the switch.
Through no fault of their own, and as a direct result of the advice they received, these current or ex-members of the police force may have found themselves significantly worse off financially. The security provided by the Police Force Pension Scheme no longer applies to the employee in a private pension scheme, as the holder is usually in charge of their own money, which is also subject to the uncertain fluctuations of the market.
At Money and Me Solicitors, our mission is to bring justice to those who have received such unsuitable financial advice. If you feel that you may have been mis-sold a pension plan that has left you worse off, reach out to our team today. We treat every case with care and confidentiality, and will work with you to receive the maximum amount of compensation, so you can enjoy your retirement to the fullest.
Don’t hesitate, find out now if you may be eligible to claim……….
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.