‘Really good news for pension savers’ as new rules come into force

31 January 2022

From the ‘Daily Express’:

‘Pension Justice warns people should always be suspicious of cold calls, and check with the Financial Conduct Authority about whether a firm is regulated to provide financial advice.’

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You may be eligible to claim if…

You were advised to transfer away from a Final Salary Company Pension.

Your new pension was not compared to a low cost stakeholder pension.

You were advised to transfer to a Self-Invested Personal Pension (SIPP).

Your investments were in non standard assets.

You were not given annual reviews, ongoing support and projections.

You were transferred away from a pension that had a higher tax free cash limit.

You were charged ongoing servicing fees.