Financial Justice for Royal Mail Members
As the UK’s primary postal service, the Royal Mail Pension Plan is considered as being highly valuable in terms of the security it offers, along with the additional benefits to its workers.
Despite this, many employees may feel that they would prefer to have more control and flexibility over their future savings – meaning they would consider moving their pension away to a private scheme.
These schemes are often advertised as having attractive benefits, such as better investment opportunities and the potential for higher investment returns.
While everyone’s situation is different, transferring a pension can be a complex process, and postal staff workers may have reached out to receive financial advice while making their decision.
In some cases, this financial advice may have been unsuitable, resulting in postal workers ending up in a significantly worse position after transferring. This was often down to workers not fully understanding the risks involved, due to poor advice from a trusted advisor.
By being advised to join a private pension scheme, the benefits of being part of the Royal Mail Pension Plan are often lost, along with potentially thousands of pounds of hard-earned savings.
If you are a current or retired postal worker and feel that you may have been mis-sold a pension scheme transfer, you could be entitled to a claim. As a firm of pension claim specialists in the UK, our combined legal and financial services claims team, work tirelessly to build strong cases to represent our clients. Reach out today for more information.
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.