Did you transfer out of a Nestlé Pension?
Offering a guaranteed income in retirement, Nestlé DB Core and DB Core Plus are now closed to new members. These were a type of Defined Benefit scheme based on career average salary. These schemes promise a guaranteed income in retirement. These pensions are rare, as they offer a high promise, not widely known in the private sector. With no annual charges and protected up to 90% by the Payment Protection Fund these are some of the safest pensions on offer.
Whilst these pensions are enviable, some people have been persuaded to transfer away for either the wrong reasons or have been given unrealistic or enhanced ideas about how much money they can generate by transferring. These types of transfers are rarely deemed suitable and often expose the member to risk they were not expecting.
Some of the advice given may have been negligent, not following the FCA rules and regulations that are meant to ensure the suitability of a pension transfer, ensuring it is truly in the members best interest. At ACL Consultancy we are experienced in dealing with people who have had negligent advice and have a mis-sold pension, helping them decide if they are entitled to make a claim.
Why don’t you contact us for an informal chat to explore your options? Our fees are reasonable in comparison to solicitors or other firms, as we don’t buy data from third parties or operate call centres.
Our initial pension claim consulting chat (or multiple if you should have further questions) is free of charge and a pension claims expert will be happy to give you an idea as how to progress a complaint yourself or assist you with the process.
And you’ll only ever pay on success – once you’ve received your money redress – and are satisfied with the service we have provided.
Get Claims Advice now, call 0333 358 0074.