Have you ever had a Pension Transfer with Bank of Scotland?

You could be owed £1,000s in compensation if Bank of Scotland mis-sold your Pension Transfer.

Many customers were advised by Bank of Scotland to transfer their pension benefits from a work based pension to a private pension. In most cases these pensions would not provide any additional benefits, Bank of Scotland did not tell their consumers that transferring their pension would typically result in a loss of benefits such as a final salary scheme or matching contributions.

Some providers such as Bank of Scotland promoted that the pension they offered would out perform the workplace pension, this would not be the case with a riskier stock based pension and the advice given to millions of clients has been condemned by the regulator of Bank of Scotland.

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