The FCA has issued a warning anout the company tading as Pensions UK 123.


The FCA goes on to say :

Pensions UK 123 is not authorised under the Financial Services and Markets Act 2000 (FSMA) to carry on a regulated activity in the UK.

What does this mean for you?

If you are an investor, you should be aware that the Financial Ombudsman Service and the Financial Services Compensation Scheme are not available if you deal with an unauthorised company or individual.

How can you check whether a firm is authorised?

To find out whether a company or individual is authorised, go to the FS Register.

Mis-Sold Financial Investments

Mis Sold Investments

Tens of thousands of pensioners could be in line for compensation because their pension scheme or financial adviser didn’t tell them they could shop around for the best possible annuity at retirement.

Many assumed they had to buy the annuity offered by their existing pension scheme even if it represented poor value. Shopping around, known as taking the “open-market option”, can boost your retirement income by up to 20 per cent a year.


Mis Sold Pensions

Typical funds levy a total annual charge of just under 1.7 per cent, but some are twice this. Pensions – particularly older contracts – can be even more expensive, with some savers seeing their first year’s contributions disappear in charges.

Analysis for the Royal Society for the Encouragement of Arts by David Pitt-Watson found that the cost of some plans from High Street names such as HSBC, Legal & General and Scottish Widows amounted to more than £200,000 over 40 years for someone saving £200 a month.


Mis-Sold Investments – Midlands, UK

Maple Leaf Financial have a specialist team of solicitors dedicated to dealing with mis-sold investments from, PEP’s, ISA’s, whole life policies, see list below. We are happy to review these Investment products and to claim compensation for our clients where appropriate.


Tim Capper reports on Financial Mis-Selling for Maple Leaf Financial. Our aim is to ensure you get honest advice and proper guidance to ensure a suitable recommendation can be made to pursue a financial claim

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Tim Capper

Bringing you financial news and information in plain english for Maple Leaf Financial. My aim is to help readers understand these often complex financial instruments.