Pension Scam Victims Lose An Average Of £91,000 each in 2017

Worrying news from Money Marketing today(14/08/2018) - sharing the latest figures of monies lost to pension scam schemes in 2017.

Even more worrying is the result of a survey by regulators which makes clear that many pension savers do not know how to spot a scam.

In our experience some schemes that have caused concern have offered unregulated investments via Self Invested Personal Pensions (SIPPs). Some examples that we have acted against include: Ethical Forestry - especially south american forests, "green" crops etc.; store pods, car parking spaces, hotel bedroom scams, and offshore unregulated property schemes.

Have you been affected - find out if we can help win compensation for you here

Expert Pension Scam Claims Handlers


Pension Scam Victims Lose An Average Of £91,000 each in 2017

Lost Money Via A Store Pod Pension Transfer?

Can You Claim For Your Store Pod Pension Losses?

Over the past couple of years I have seen more and more clients who have been persuaded to transfer their personal pension, or even their company or occupational scheme benefits, into a Self Invested Personal Pension (SIPP) - and thereafter invest into a Store Pod Scheme via the SIPP.

These clients have often taken financial advice from a UK regulated financial adviser, and have invested into the Store Pods via a mainstream UK SIPP. Sometimes the clients have been targeted by unregulated "introducers" - firms who set out to direct clients into SIPPs and thence into Store Pod Schemes.

The route to find compensation can be complicated , or straightforward. Where it is straightforward, I usually advise the clients to place the claim themselves. But more often than not it is not that simple. There's the question of proving "advice", of determining whether they were mis-sold - and then, of course, calculating the potential claim for loss.

My firm is a specialist pensions claims management company, and we charge for our service - but only after we have won compensation for our clients. If we don't win them a compensation award, we don't charge them.

We have many success stories under our belts, and around 45% of our clients are introduced to us by their own financial adviser. If you have been affected, or you know someone who has, then do please tell them about us. Often clients are afraid that they have lost their monies forever - not if we have anything to do with it!

Do please click the link below to learn more

Find Out More About Store Pod Pension losses