Human Resource Management by Adrian Wilkinson

Author:Adrian Wilkinson [Wilkinson, Adrian]
Language: eng
Format: epub
ISBN: 9780191024160
Publisher: OxfordUP
Published: 2022-02-03T00:00:00+00:00

John Crace on selling and reselling

Back in the early 1990s, when I reached my mid-30s, I finally got around to taking out a personal pension. With my customary inattention to detail, I did next to no research on what the best pension might be and duly signed on the dotted line with the same financial adviser that my friend Alex had used. On a couple of occasions early on, as I earned a little more, I increased my monthly contributions but other than that I barely gave my pension a moment’s thought. The most recent annual statement informed me that I could expect to retire with a pension of less than £5,000 per year. So I was amazed to get an email from the financial adviser who had sold me the pension, someone I had not spoken to for over 25 years, informing me that the pension he had sold me might not have been ideal and might technically be described as having been mis-sold. He was, however, no longer working for the company and had moved to a firm that specialized in getting compensation for people who had been mis-sold pensions. Would I like him to act on my behalf to recover the money from the pension, which he might have mis-sold?

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