Claims Against SIPP Pension Adviser

Claim compensation if you received bad advice on your SIPP investments and protect your retirement savings.

A SIPP pension adviser plays a crucial role in helping you choose investments that align with your financial goals, risk tolerance, and retirement plans. Their responsibility is to ensure your pension is managed appropriately, providing clear, well-informed advice on the risks and benefits of different investment options. However, if your adviser failed to assess your financial situation properly or encouraged you to invest in unsuitable, high-risk funds, your pension may be at risk. Many of our clients have experienced significant losses because their adviser either misjudged their risk tolerance or ignored their need for pension security. Your financial adviser has a duty of care to provide accurate, responsible advice. If they have failed to meet this standard, you may be entitled to compensation for negligent advice and the opportunity to recover your losses.

• Did your pension fall in value despite your adviser telling you it would go up?
• Were hidden charges not disclosed and eating into your pension?
• Did your adviser constantly change investments without explaining the benefits?

If your pension adviser didn’t ask the right questions, ignored the important information, or recommended high-risk investments when the goal was to protect and preserve the pension funds.

Still not sure if you’ve been mis-sold a pension? Discover the 8 Warning Signs of a Mis-Sold Pension and learn how to protect your retirement savings.

Step 1: FREE initial consultation to assess your claim.
Step 2: Gathering evidence and building your case.
Step 3: Handling negotiations with the adviser or company.
Step 4: Recovering your money.

We have over 17 years’ specialist experience in pension professional negligence and boast a team of lawyers working exclusively on these cases. We can offer you:

• A FREE initial consultation in order to assess your claim.
• Evidence gathering to build the strength of your case.
• The presentation of your claim to the adviser and/or redress body.
• Handling negotiations with the adviser or their legal representatives.
• Multiple ways to recover your money, either through alternative dispute resolution or the court as a last resort.

In the UK, all financial advice firms are regulated by the Financial Conduct Authority (FCA). The FCA supervises regulated advisers and ensures that they adhere to strict standards of conduct. These include overarching principles as well as rules that ensure that all pension advice must be suitable, appropriate, and in the best interests of the investor.

A claim can be made against a regulated adviser if they provide negligent advice. It is important to note, however, that it may not just be the adviser who has behaved poorly in a transaction. We have vast experience of identifying and claiming against both the SIPP adviser AND the SIPP provider. Make sure you don’t miss out on recovering the maximum compensation by only claiming against your adviser.

You can potentially make a claim against an unregulated SIPP adviser, but it can be very difficult, and, more often than not, the adviser has simply disappeared. For this reason, it is important to fully investigate ALL of the parties involved in the pension transfer. In many situations, this can include the SIPP provider.