Have you ever had a Pension Transfer with HSBC?

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

Many customers were advised by HSBC 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, HSBC did not tell their customers 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 HSBC 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 HSBC.

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