Mineworker from Doncaster

Mr B from Doncaster, a worker at Brodsworth colliery. He was advised in 1991 to transfer his pit pension of £13,215 to Sun Life Financial of Canada by one of their agents. Eventually, they accepted responsibility for the bad advice and paid compensation of £192,214.

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British Steel worker from Scunthorpe

Mr T from Scunthorpe worked for British Steel and was persuaded by a Prudential agent in 1988 to transfer his British Steel Pension of £12,207 to them. Compensation of £92,232.11 paid.

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Mineworker from Sutton-in-Ashfield

Mr W of Sutton-in-Ashfield was advised in 1989 by an IFA, Bale Insurance to transfer his pit pension of £5,807 to Standard Life. The IFA was no longer in business and therefore the Financial Services Compensation Scheme agreed to deal with the claim and awarded compensation of £48,000.

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Rolls Royce worker from Crewe

Mr M from Crewe worked for Rolls Royce and was persuaded by an IFA, Moray Financial Services to transfer his Rolls Royce pension fund of £3,422 to Scottish Equitable. He was awarded £35,047.20 by the Financial Services Compensation Scheme after a successful claim had been made due to the IFA no longer being in operation.

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Mineworker from Huddersfield

Mr H of Huddersfield was a miner and member of the Mineworkers Pension Scheme. In 1991 he was persuaded by an agent of the Colonial Mutual (now Aviva) to transfer his pit pension of £4,639 to them. Aviva eventually agreed that he had been wrongly advised to transfer his pension and compensation of £84,456 was…

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Mineworker from Easington

Mr J from Easington was a member of the MPS and in 1993 was persuaded by an agent of Sun Life Financial of Canada to transfer his pit pension of £10,849.24 to them. In the end, they admitted that this was poor advice and paid compensation £77,461.33.

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Teacher from Scunthorpe

Mr G from Scunthorpe was a Teacher and a member of the Teachers Pensions. An agent of Sun Life Financial of Canada persuaded him to move his teacher’s pension of £12,228 to them. The pension provider accepted liability for the bad advice and compensation awarded of £121,398.

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Armed Forces from Stoke-on-Trent

Mr H from Stoke-on-Trent had an Armed Forces pension and in 1990 was persuaded by an agent of Canada Life to transfer his forces pension of £13,553 to them. Canada Life admitted that the pension had been miss-sold and compensation of £94,930 was paid.

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Powergen worker from Swadlingcote

Mr R from Swadlingcote worked for Powergen and had a work pension with them. In 1993 he was advised by an IFA, Paul Child Associates to transfer his pension to Royal London. As the IFA was no longer in operation, the claim was successfully pursued through the Financial Services Compensation Scheme who paid compensation of…

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Work pension claim wins retired miner £48,000

A work pension claim has meant a miner has won £48,000 for bad advice to move his pension in 1991. Corries pensions claim team have won his claim. Work Pension Claim – The Facts Our client, Mr S, was born in 1938. He worked in coal mines from 1960 to 1991 with a seven-year break…

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