Portal Financial Services LLP, also trading as Portafina, is a financial adviser that specialises in transferring defined benefit (final salary) pensions into non-standard investments.

Except under exceptional circumstances, transfers of defined benefit pensions are very rarely in the client’s best interests, as they generate guaranteed income throughout retirement and also continue to grow at a rate that is hard to match in a normal scheme.

However, when a transfer of such a scheme is made into a non-standard scheme or investment, it has almost certainly been mis-sold as the client has traded their guaranteed retirement funds for something high risk and speculative.

If you were given advice to transfer your defined benefit pension by Portal Financial Services LLP, you may be liable for a claim.

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