If you were not asked about medical condition prior to purchasing, you may be missing out on extra income and be entitled to a mis-sold annuity claim. The Financial Conduct Authority (FCA) has recently found that 80% of pensioners who purchased an annuity could have received a better pension income.

Pension Annuity Mis-selling

Many retired people with private or company pensions will have purchased an annuity. In return for the money saved in the pension, the annuity provider will pay an income for the rest of your life.

Did you want your pension payments to keep up with inflation? You probably wanted your pension annuity payments to increase over time in line with inflation. If you weren’t given this option and you expect a long retirement, you may have a claim.

Mis-sold Annuities

Did you have suffer from certain medical conditions prior to your retirement? You are likely to have been entitled to an ‘enhanced pension annuity’. This takes into account your medical condition. This may have resulted in a substantial increase in your pension income.

Annuity mis-selling has occurred when a person is not properly advised about their enhanced pension annuity entitlement . Even if you are a smoker, you may be able to obtain an enhanced rate.

How do I make a claim for a mis-sold pension annuity?

You can only complain once. You can pursue a claim directly to the annuity provider free of charge,  or go directly to the Financial Ombudsman Service,.

However, It can be a long and complex process and a struggle to receive a true level of compensation. The provider will heavy defend their position but by using our expertise, we ensure your claim is taken seriously.  X-Claims Ltd provides you with expert representation. We have the knowledge required to change outcomes, often resulting in substantial cash settlements.


Contact us or Call 0800-130-3663 today.