UK veterans face pension losses from mis-sold transfers

Thousands of UK military veterans may have lost significant amounts of money due to mis-sold pension transfers. Experts report a rise in veterans seeking help after being persuaded to move their pensions into unsuitable, unregulated schemes. Between 2013 and 2015, many veterans were advised by unregulated salespeople without a full understanding of the risks involved. Some veterans have lost their entire pension pots, while others face high fees and diminished value. Legal experts are now assisting affected veterans in seeking compensation. Spencer Churchill Claims Advice urges anyone who suspects mis-selling to seek professional guidance.