Mis Sold SERPS

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Mis Sold SERPS

SERPS Misselling claim process advice. For further clarification contact us and one of our advisers will conduct a FREE REVIEW, before advising on the most suitable way forward for submitting your Opted out SERPS Misselling claim.

 
SERPS We have the experience: How To write Professional Letters for submitting your Opted outSERPS Misselling Claim.

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State Earnings Related Pension Scheme.

 

SERPS Opted out claim process

 

Approximately 7.2 million people were encouraged to choose an alternate body to look after their pension contributions after legislation changes by the government in 1988. This option was being heavily promoted by the media in its self encouraged by the government at the time. In the governments defence, stringent regulations were put into effect in regard to the way private policies were sold and specific information that had to be passed on to any prospective purchaser.

 

The investment industry in the late 80s were basking in their most recent successes and could not envisage an end to that success and therefore paid scant regard to the regulations they were required to follow. In their misguided belief that there would be no end to their success, they never felt the need to inform new clients of the risks involved and at that point their mistake was made. It is considered that if the risk of investment failure had been highlighted, very few of the 7.2 million people would have taken the option but in that it wasn’t, makes the sellers liable to make good losses incurred against the government ran SERPS scheme.

 

The Policy Performance on its own does not give rise to a Mis Selling complaint.

 

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Right Conclusion Limited T/a RCL Mis Sold Equities is regulated by the Ministry of Justice in respect of Regulated Claims Management Activities. Authorisation Number: CRM 8855
. view at www.claimsregulation.gov.uk

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Mis Sold SERPS opted out claim process