A quick guide to pension scams and how to avoid them

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On Sunday February 22, 2015 Neglect Assist featured in an article in the Sunday Express about avoiding pension scams.

express

The article quoted Neglect Assist managing partner Tim Wixted in this paragraph:

Many seemingly respectable businesses are in fact operating from abroad, selling unregulated or even bogus investments

Tim Wixted, managing partner at solicitors NeglectAssist, says the next few months will be “a field day” for fraudsters.

“Many seemingly respectable businesses are in fact operating from abroad, selling unregulated or even bogus investments.”

You can read the full article through this link:

http://www.express.co.uk/finance/personalfinance/559746/pension-scams-guide-five-minutes

Why choose Neglect Assist?

We are a firm of solicitors who specialise in negligence law with over 20 solicitors dedicated to this area. We have pioneered the use of “No Win, No Fee” Agreements in negligence law since their introduction in the 1990s. We only take cases on if we are able to offer a “No Win, No Fee” Agreement. Furthermore, the insurers who pay our clients compensation are also obliged under English Law to pay our legal costs on top and therefore, usually from the onset of the case, we can confirm with our clients that, if unsuccessful, they will pay nothing.

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Mis-selling or mis-management by a SIPP Operator?

Have you suffered financial losses on a SIPP operated by a SIPP operator? If so, then you may have grounds for bringing a No Win No Fee claim.

Some SIPP operators have entered into dealings with third party advisers who are not authorised and regulated by the Financial Conduct Authority to give pension or investment advice. This is despite their regulatory body publishing alerts and giving warnings against such actions.

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Mis-sold or mis-managed investment or pension?

  • You were sold an investment without having been properly advised of the risks
  • Your personal circumstances or attitude to risk wasn’t properly considered
  • You were sold a SIPP or poor returning annuity
  • You were advised to invest all or most of your savings into a single investment
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One of the UK’s leading specialists in financial mis-selling... The Times
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