Hello all

I was sold a "Company Pension Plan - I was a one man band" when self-employed with Ltd company,

my company had been running less than six months when sold this pension,

based on the information given at the time.

I still have the original document where the financial advisor states/recommends that

"The only option is a "Company Executive Plan"" - lie he was not whole of market

"The pension is fully transferable at no additional cost" - lie, almost half the pension would now be eaten up by transferring it.

The reviewer has completely ignored the above comments in the notes I provided and states that there is always a cost involved with transferring the pension. And that costs are still being incurred while keeping the pension going (admin charges). The pension is still now only worth what I actually put into the pension - and that was over 15 years ago.

Any advice on how to get this monies back or transferred to another pension, as I have submitted three complaints and 1.75 of the complaints have been upheld against the same advisor who sold me this pension

Thanks in advance

the fos has judgement over this

have a browse on their site

but yes you can reclaim it and with 8% int monthly on every payment

if it is mis-sold.

dx

Thanks for the advice DX no idea how many times I am gonna say that ......off to the FOS we go....

Any chance you could advise on link with the details below

One-policy-insurance-policy-CIB-Income-Protection-and-life-insurance

Why is it insurance companies determine whats good and bad, when they should look at the whole picture, all complaints should just go to the FOS, I mean look at the whole picture

Sold a total of four polices, by same IFA

1. Company Pension ???

2. One policy with the CIB,Life insurance & Income Protection - refunded two parts with interest/not life element

3. ISAs - all ok

4. Savings Plan - Found out recently company fined by the FSA for selling this particular savings plan - refunded with interest

But of course the pension was not mis-sold.

i would give then a ring.

it wonthurt

dx

Give the FOS a ring again...

DX