Defined Benefit Pension Transfer Claim

Claim My Loss29 Aug, 2026Legal

A Defined Benefit Pension Transfer Claim arises when someone was advised to move from a secure final salary (defined benefit) pension into a personal pension or SIPP, and the advice was unsuitable. These transfers often involve giving up valuable guaranteed income, inflation protection, and spouse benefits. If the risks and long-term consequences were not properly explained, or if the transfer was not in the person’s best interests, they may be able to seek compensation for the losses suffered.