Occupational Pension Scheme (OPS)

Often set up to avoid stringent regulation by unregulated entities, such as sales agents and/or alternative product providers to hold high risk, illiquid, underperforming alternative investments, successful claims for compensation are dependent on proof that a regulated financial adviser provided unsuitable advice to transfer an existing pension into an OPS. Please note that unfortunately, in the majority of cases we have seen, regulated financial advice was not provided.