Mis-Sold Pension: Are You Entitled to Compensation?

Thousands of people have lost retirement savings due to mis-sold pensions, often caused by poor financial advice, high-risk investments, and hidden fees. If you were encouraged to transfer your pension into a Self-Invested Personal Pension (SIPP) or another unsuitable scheme without fully understanding the risks, you may have a valid compensation claim. Common signs of mis-selling include being misled about investment risks, charged excessive fees, or advised to switch pensions without proper assessment. If your pension provider or adviser failed to give you clear, transparent advice, you could be entitled to financial redress. To start a claim, first review your pension agreement and raise a complaint with your provider. If they don’t resolve the issue, you can escalate the case to the Financial Ombudsman Service (FOS) or seek compensation through the Financial Services Compensation Scheme (FSCS). Don’t wait—time limits apply. Find out more at Claim My Loss