Mis-Sold Pension Calculator
Mis-Sold Pension Loss Estimate
Capital Loss-
Lost Growth (est. 5%/yr)-
Excess Fees Paid-
Total Estimated Claim-
Common Mis-Sold Pension Scenarios
| Type | Description | Typical Loss |
|---|---|---|
| DB to DC Transfer | Advised to leave final salary pension | £50,000–£500,000+ |
| SIPP Mis-Selling | High-risk investments in SIPP | £20,000–£200,000 |
| Annuity Mis-Sale | Wrong annuity type/provider | £5,000–£100,000 |
| Poor Advice | Unsuitable risk level | £10,000–£150,000 |
Key Facts
FOS Limit
£430,000
FSCS Limit
£85,000
Claim Window
6 Years
How to Use This Calculator
1
Enter original pension value
The value of your pension at the time of transfer or advice.
2
Enter current value
What your pension is worth now after the transfer or investment.
3
Enter years since transfer
How many years ago the transfer or advice occurred.
4
Select mis-selling type
Choose the type of pension mis-selling that applies to your situation.
5
Review your estimated loss
See capital loss, lost growth and total estimated claim value.
Frequently Asked Questions
How do I know if my pension was mis-sold?
Your pension may have been mis-sold if: you were advised to transfer out of a defined benefit (final salary) scheme, your SIPP was invested in high-risk or unregulated investments, you were not told about the risks, or the advice was unsuitable for your circumstances and attitude to risk.
What is the FOS complaint limit?
The Financial Ombudsman Service (FOS) can award up to £430,000 for complaints about events after 1 April 2019. For events before that date, the limit is £195,000. FOS decisions are binding on the firm but not on you.
What is the FSCS?
The Financial Services Compensation Scheme (FSCS) can pay up to £85,000 per person if the financial adviser firm has gone bust. This is a safety net of last resort.
Can I claim for a pension transfer?
If you were advised to transfer out of a defined benefit pension scheme, the FCA has found that most such advice was unsuitable. The British Steel Pension Scheme is a prominent example. You can complain to the firm that advised you.
How long do I have to complain?
You must complain within 6 years of the event, or within 3 years of when you became aware (or should have become aware) of the problem, whichever is later.
Do I need a claims management company?
No. You can complain directly to the financial firm and then to the FOS for free. Claims management companies charge fees (typically 15-30% of your compensation). Consider using a solicitor on a no-win no-fee basis for larger claims.
Official Sources & References
Data verified against official UK government sources. Last checked April 2026.