SIPP: Do you know where your money is?
11 November 2022
Public relations agency WA Communications recently published “Navigating the financial services landscape: What consumers really want (and need).”; a report developed from their exclusive research project into consumers’ knowledge about their pensions.
Vanessa Bowern, Head of Financial Mis-selling at TRUE, shares the findings from this report...
A total of 2,000 people took part in a survey in October 2022 which revealed that a staggering 63% did not know who manages their pension and 29% did not know how to find out where their money is invested (with this figure rising to 46% amongst the over 65s).
Here at True Solicitors LLP, our team represent clients who have invested their hard-earned money into a SIPP, or made a cash investment, and subsequently discovered they have made a loss on their investment.
Link: Have you lost money in a pension or SIPP?
Living through the cost-of-living crisis is tough enough, but having made the decision to invest your hard earned money into a SIPP or cash investment to give yourself peace of mind for your retirement, and then not knowing where it is or how it is performing, is additional worry you could do without.
What can we do to help you?
If you think you may have suffered a financial loss on your pension or investment or are concerned about where your money might have been invested, speak to TRUE today. We have a team of highly experienced, and diligent specialists who can investigate a claim on your behalf.
If you would like to speak to one of our specialists directly, please call us on 0344 854 7000 or email vanessa.bowern@true.co.uk.