Mis-sold pension

edited 30 November -1 at 1:00AM in Reclaiming Mortgage Fees, Council Tax, etc
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piggies71piggies71 Forumite
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Hi, My husband and I have been looking at an old pension plan which was taking out in conjunction with our first mortage in 1994. It was wity Abbey National and it was tied in with our mortgage. We moved six years later with another mortgage provider and never received anything to tell us what we could do with the pension. We have since tried to use a financial advisor to look into the pension but he couldn't find any information or anyone to help us with this. We do have letters and statements as proof that we held the pension. We feel as though we were mis-sold this pension plan, as we really don't know what kind of plan it was. Does anyone know how we can place a claim to say that we were mis-sold this policy? Thanks

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  • dunstonhdunstonh Forumite
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    We have since tried to use a financial advisor to look into the pension but he couldn't find any information or anyone to help us with this.

    FAs are only able to obtain information and provide advice on their own product range. You should use an IFA not an FA as IFAs can obtain and give advice from the whole market.
    We feel as though we were mis-sold this pension plan, as we really don't know what kind of plan it was.

    In 1994 there were only personal pensions available.
    Does anyone know how we can place a claim to say that we were mis-sold this policy?

    How was it mis-sold?

    Even if it was, the fact you ceased using it for mortgage purposes 6 years later and over 10 years ago indicates you have little to complain about anyway. So, what is your issue with it?
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