When a member of the armed forces retires, they receive one of the most generous pensions available in the UK. These pensions provide a guaranteed pay-out for the rest of their retirement and keep pace with inflation.
Despite this, before 2015, many service personnel were persuaded to move their valuable pensions into private schemes, often by unregulated salespeople and overseas companies who failed to explain the risks.
Many went on to put their pensions into high-risk policies. As a result, many former and current servicemen and women have:
According to a freedom of information request, between 2013 and 2015, around 3,600 former service personnel transferred their money out of the MoD pension scheme*. In total, we believe that up to 5,000 people could be affected by this scandal. Crucially, you may have been mis-sold your pension even if your current pension pot seems healthy.
If you were persuaded to transfer your British Armed Forces pension to a private scheme, you might have been mis-sold and we can help you to make a claim. Signing up is straightforward and costs you nothing as we act on a no win-no fee basis.
* After 2015, service personnel could no longer transfer their money out of the MoD scheme.
Ollie Ollerton, former UK special forces soldier and star of SAS: Who Dares Wins, is working with us to ensure that military personnel harmed by this scandal get the compensation they are due.
*KP Law was called Keller Lenkner UK at the time this video was filmed.
We believe that those affected by the mis-selling of military pensions could be owed hundreds of thousands of pounds. We make the process of claiming back what you are due straightforward. It is free to sign up and takes only a few minutes.
KP Law is committed to helping military personnel, veterans and their families recover from Armed Forces pension mis-selling and other matters. Visit our dedicated Military Pension website to access a list of organisations that might be able to provide help at this time, and in the future.
With a deep understanding of, and extensive experience in mis-selling claims, our expert team has everything it takes to win. What’s more, the strength of our firm ensures that we never have to back down from a challenge. Indeed, with access to whatever resources we need – be that time to go the long-haul or the expertise to delve deep into the evidence – when it comes to getting justice for our clients against big organisations and government bodies, we don’t just even the score, we take the fight to them.
We act on a strict no-win, no-fee basis, so, as our client, you will not pay us anything upfront.
Here are some of the questions our clients have asked our expert lawyers about making military pension mis-selling claim.
Prior to 2015, many service personnel were persuaded to move their valuable military pensions into private schemes, often by unregulated salespeople and overseas companies who failed to explain the risks. Thousands of British Armed Forces personnel were targeted in the military pensions scandal. As a result, many have lost out as a result.
Moving a military pension is rarely advisable. So, if you believe that you have been mis-sold a military pension, simply sign-up to find out more about what this involves. If you are not sure if you have a claim, we can find this out for you.
You will only have to pay anything if you win. You will not have to pay anything upfront. Any payment would only come out of the money that we recover on your behalf. We will conduct the claim for you under a no-win, no-fee agreement. If you win, our fees will be deducted from your damages.
Each case is different, but we believe that those affected by the mis-selling of military pensions could be owed hundreds of thousands of pounds each.
Not at all. The process to join is straightforward and can be completed quickly from your phone or computer.
For more information on mis-sold pensions visit our pension mis-selling page.
Where multiple people have received negligent or fraudulent pension advice from the same professional advisor/company, we can help them to recover their losses collectively. Group actions can be a powerful tool and can have a bigger impact than a single claim.
CONTACT US TO DISCUSS A MILITARY PENSION MIS-SELLING GROUP ACTION CASE
If your military pension was mis-sold, we can help you get your money back. But there is another cost to military pension mis-selling, and that is the emotional distress and upset caused.
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If you were persuaded to transfer your British Armed Forces pension to a private scheme you might have been mis-sold. We can help you to make a claim.
CONTACT US IN CONFIDENCE TO DISCUSS YOUR CASE
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