Acklam Financial Limited was a financial advisor which was involved in the British Steel transfer scandal.
When British Steel’s pension schemes were potentially going to transfer into the Pension Protection Fund (PPF), several advisers including Acklam Financial Limited chose to transfer people into other schemes. Some of these were standard schemes, some were non- standard.
Some customers failed to also realise that by transferring their funds to some private pension arrangement, they would have lost the benefits already built up in the British Steel Pension Scheme. It may not have been realistic to achieve the same level of benefits from their new plan.
Regardless of where a client was transferred, a defined benefit pension scheme need careful analysis to confirm whether a transfer is suitable, due to the guarantees it provides upon retirement. Very few people would have been suitable to actually transfer.
The recent cost of living is on an incline and it is predicted that we will be entering an economical squeeze, it is imperative that your assets and investments are protected at all costs.
If you had your pension transferred by Acklam Financial Ltd, you may be liable for compensation worth 000’s. With over 25 Years of experience in the field and registration with the Bar Standards Board, we will handle your case with professionalism, clarity and transparency. Get in touch with us today and protect your assets.
If you had your pension transferred by Acklam Financial Ltd, you may be liable for compensation worth 000’s. With over 25 Years of experience in the field and registration with the Bar Standards Board, we will handle your case with professionalism, clarity and transparency. Get in touch with us today and protect your assets
If you had your pension transferred by Acklam Financial Ltd, you may be liable for compensation worth 000’s. With over 25 Years of experience in the field and registration with the Bar Standards Board, we will handle your case with professionalism, clarity and transparency. Get in touch with us today and protect your asset
