Pension transfer and opt out claimsHave you lost money on your pension transfer or opt out?
We can help reclaim what you are owed.
Pension transfers and opt-outs
Joining an employer sponsored pension scheme is the best way to save for your retirement. This is true for a number of reasons but here are just three:
1: Your employer will normally contribute to the scheme for you, on top of any money you put in yourself. This helps to build a bigger retirement fund.
2: The cost of running the scheme is usually met (or subsidized) by the employer. This allows more of each pension contribution to go directly into your retirement fund. In contrast, a personal pension plan will deduct charges from both your contributions and retirement fund, thus lowering the amount being saved in your pot.
3: If you are employed by a large company or in the public sector, the chances are your employer will operate a “defined benefit” scheme (sometimes also called a “final salary” scheme). This means that your final pension is determined by such factors as your length of service and salary. It will not depend upon the performance of the scheme’s investments, which is the case for personal pension plans. This gives you security and certainty for your retirement.
** If you include your mobile number, you will receive a quick text message when Greg replies, so you know an email is waiting for you. Please check your “spam” or “junk” mail folder for the reply if it is not in your inbox – some email systems may divert replies away from your usual inbox without warning.
Make sure your pension will provide you with the retirement you deserve
For these reasons alone, it is normally very bad advice for anyone to be advised to transfer their benefits out of an employer scheme into a personal pension, or to be told not to join the scheme at all.
The financial loss from transferring out, or not joining, can be very considerable and can ruin a person’s retirement.
If this happened to you, please contact Greg as soon as possible for an initial, no obligation, consultation.
Simply complete the Contact Form opposite or visit the contact page.