Mis-sold Annuity Claims

Annuity Claims


An annuity is an insurance contract that insures against you living too long. In return for a lump sum (the money you have saved in your pension pot), an annuity provider (insurance company) will give you an annual income for the rest of your life.

How Do I Know If I Was Mis-Advised On My Pension Annuity?

You did not know you had options? Many people were unaware of the other options available. In particular, an open market option to buy an annuity from another provider. Your pension provider should have told you of your right to shop around. Annuity rates can vary by up to 10%.

Were you in poor health when you bought the annuity?
You could have applied for an “impaired life” annuity if you were diagnosed with a health problem such as heart disease, MS, cancer etc.


You were sold a single life annuity?

  • If you were married or in a civil partnership when you came to retirement and you wanted your loved ones to continue to receive an income when you had gone, then you may have a claim.
  • Did you want your pension payments to keep up with inflation? You may well have wanted your pension payments to increase over time in line with inflation to allow for rising costs. If you weren’t given this option and you expect a long retirement, you may have a claim.

Dr S - Oct 2020

My colleague recommended X-Claims to me. He was right, they are the best in the business and successfully fought my case. Thank you X-Claims!

Dr S - Apr 2020

Lorraine has provided me with excellent advice and achieved a good outcome, despite many challenges. I would highly recommend X-Claims.

Dr G - Mar 2020

Another doctor told me about your service. Without X-Claims I would not have challenged the financial advice I had received, nor the products I had been sold. They guided me through the process, kept me updated, took the hassle out of it, and as a result I have been awarded a significant sum of compensation. Thank you.

Dr W - Jul 2019

The process of making a claim for a mis-sold financial product was straight forward and painless by X-Claim’s experts. I was surprised and delighted with the outcome.

Ms G - Apr 2019

Thank you very much for pursuing this claim on my behalf and for the extraordinary result. I was aghast at the impact that a decision, made on bad advice many years ago, had on my pension.  Thanks to the expertise, tenacity  and sheer doggedness of you and your team that wrong has now been made good.

Dr D - Apr 2019

Thank you again for applying your significant astute observation, expertise and judgement to helping me obtain a just outcome with this issue of compensation for previous poor financial advice. Although the settlement is of course most welcome, the compensation for me is more than financial.

Dr B – Jan 2018

It was very easy to contact X-Claims and the whole process was straightforward and simple. Lorraine and Sophie were very helpful and efficient.