Frequently Asked Questions

Frequently Asked Questions

At the Financial Compensation Service, we aim to answer all of your pension claim questions and below is a list of the most common questions to help you get started.

WHAT IS A SIPP?

WHAT IS PENSION MIS-SELLING?

WHAT IS AN IFA?

WHAT IS THE FINANCIAL COMPENSATION SERVICE?

HOW MUCH WILL A CLAIMS ASSESSMENT COST?

HOW MUCH COMPENSATION WILL I GET?

HOW LONG DOES THE CLAIMS PROCESS TAKE?

HOW WILL MAKING A CLAIM IMPACT MY SIPP?

DO YOU HAVE A COOLING OFF PERIOD?

WHAT IS THE DIFFERENCE BETWEEN SERPS AND SIPPS?

WHAT IS THE FINANCIAL OMBUDSMAN?

WHAT IS THE FCA?

IS THE FINANCIAL COMPENSATION SERVICE A REGULATED COMPANY?

WHAT DO YOU CHARGE?

WILL MY COMPENSATION GO DIRECTLY INTO MY SIPP?

WHO IS MY SIPP ADMINISTRATOR?

I SIGNED ALL THE PAPERWORK ON MY FINANCIAL TRANSFER, CAN I STILL GET COMPENSATION FOR IT?

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