A defined benefit work pension is a retirement plan that provides a specified monthly benefit at retirement. The plan may be funded by the employer, the employee, or both. The benefit is based on a formula that considers the employee’s earnings history, years of service, and age. The employer is responsible for the funding of the plan and is typically responsible for any investment decisions and investment returns. Unfortunately, some employers have mis-sold these plans, either by misrepresenting the terms of the plan or by failing to disclose important information to employees. In some cases, employers have failed to keep adequate records of the plan, leaving the employee with no way of understanding the plan’s terms and conditions. In other cases, employers have sold plans that have hidden fees or that do not meet the employee’s needs. If you believe that you have been mis-sold a defined benefit work pension, you should seek legal advice as soon as possible. An experienced lawyer can review the terms of the plan, investigate the circumstances of the sale, and provide advice about your legal rights and options.

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 Defined Benefit Work Pensions 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