Do you have a SIPPS pension and want to ensure your investment is right and making money. Get us to audit your pension and ensure you have not been mis-sold. Contact us today!
Self-Invested Personal Pension - SIPPS
Recent information from the Financial Ombudsman Service shows that the number of SIPPs complaints is on the rise. The data that was released by the Financial Ombudsman Service shows that it has received approximately 1,575 new SIPP complains which are higher compared to the previous year which had 1,493 cases in total. The total number of SIPP complaints that have been upheld this year has reduced slightly from 56% to 51%.
Most of the SIPPs issues were either about sales and service or the administration. The Financial Ombudsman Service says that the SIPP complains were under the upheld category with its findings favouring the complainant on 44% of the occasion. There are also reports from the Financial Service Compensation Scheme that the amount of the claims that are related to SIPP are on the rise. With the increase in SIPP complains, here are a few ways that can help you handle your SIPP claims.
Contact your Self Invested Personal Pensions Provider
Making a Complaint
Taking Your Complaint Further
The Retirement planning tool
Our retirement arranging device gives employees a chance to explore different avenues regarding the diverse factors of pension investing– commitment levels, retirement age and venture decisions – and analyse their retirement choices. Employees can see the salary they may hope to get contingent upon elements, for example, the amount they spare and to what extent they put something aside for, the execution of their ventures, and how they take their advantages when they choose to get to their investment funds. They can likewise get a thought of the cash lump sums and pay that may be created by the various alternatives.
The online enrolment management enables the employees to View and change their details.