Premier Foods Pension Transfer Claim

Premier Foods Pension Transfer Claim

Premier Foods Workplace Salary Pension Claim

Were you misled into transferring your Premier Foods pension? If you are the victim of a missold salary swap, you may be entitled to make a defined pension claim. The expert team at Allegiant can help you with The entire process, helping you get the salary swap compensation you deserve.

The Financial Conduct Authority (FCA) Has issued a warning to Premier Foods pension holders. They’ve expressed concern that certain independent financial advisers have provided false information and negligent advice.

Some financial advisers failed to consider their clients’ specific circumstances and encouraged them to transfer their Premier Foods final salary pensions to risky schemes. They believed they were giving good advice but were negligent or careless. However, in other situations, financial advisers gave bad advice on purpose to earn commissions. They were only paid on a ‘contingent fee’ basis and only got paid if they convinced their clients to switch.

If any of this sounds familiar, you may have been missold salary swap products. If so, you could be eligible for final salary transfer compensation, and we can help.

What is a Premier Foods Pension Transfer?

Premier Foods offered their employees a handsome final salary pension, also known as a defined benefit pension. This type of pension is often considered the gold standard in the UK and is rarely offered today.

Why are final salary pensions considered so desirable? Unlike the majority of today’s private schemes, they continue to pay out for the rest of the recipient’s life. No matter how long you live, your PRemier Foods’ final salary pension will continue to pay. In contrast, private pensions draw from a limited pot – once they’re gone, they’re gone. If you outlive your pension pot, you could end up penniless in your retirement years.

Final salary pensions are pegged to the rate of inflation – when the cost of living increases, so too will your payments. This ensures you will maintain the standard of living to which your accustomed. Even better, they don’t have the high fees and administrative costs of private pensions.

Independent financial advisers, some of them working for reputable firms, advised people like you to trade in their Premier Foods final salary pension for a ‘Cash Equivalent Transfer Value’ (CETV). They took a commission off the top and then advised that clients invest the rest into an inferior private scheme. Shockingly, these schemes can reduce your future income by more than 50% when compared to your Premier Foods pension.

Advisers misleadingly promoted this as a wise option, when in fact, it was anything but. They missold DB transfers to people like you – but thankfully, you now have recourse in the form of a final salary transfer claim.

Do you qualify for Final Salary Transfer Compensation for your Premier Foods Pension?

A knowledgeable and trustworthy financial adviser will very rarely suggest a pension transfer – they are only beneficial in cases of a terminal illness. If you were missold DB transfer products or advised to take a CETV, you can now make a defined pension claim. If successful, you could be entitled to defined pension compensation.

To have your prospects assessed by our specialist team, simply fill in our online form.

  • A Trusted Name

    A Trusted Name Allegiant Finance Services Ltd is widely regarded as a pioneer in the high cost loan claims management market.

  • Friendly & Experienced Advisors

    Friendly & Experienced Advisors Contactable by email, phone, live chat or post, whichever you prefer.

  • Confidential & Discreet

    Confidential & Discreet We will only correspond with you and keep your details secure. We’ll never sell your data.

  • Proven Track Record

    Proven Track Record We've been claiming high cost loan refunds since 2013

  • Online Application

    Online Application Full online application process. Receive an automated decision on whether we can take on your claim

  • Over £50 million+ Recovered

    Over £50 million+ Recovered We are proud to have recovered £millions on behalf of our customers.

  • Progress

    Are you concerned that you are a victim of pension mis-selling?

    Roughly how much do you estimate you have lost due to poor advice?

    What type of pension are you concerned about

    SIPP Provider

    Select Your Workplace

    Tell us briefly about the circumstances you want us to investigate



    Full First Name*

    Please enter at least 2 characters.

    Last Name*

    Please enter at least 2 characters.


    Date Of Birth*

    Mobile Number

    Landline Number

    Search for an Address*

    We would like to send you information about our products and services from time to time, but will only do so with your consent. Please let us know which method(s), if any, you consent to:

    If you would like to receive information from our carefully selected partners, please let us know by which method(s)

    I understand that by clicking "Submit", my eligibility will be assessed by automated technology. I understand that I can opt out of this prior to submission by opting out within the Privacy Policy
    • You're in Control: Video, Telephone or Email Consultation
    • No Win, No Fee: Just 18% inclusive of VAT
    • Change Your Mind: Cancel for Free - 14 day Cooling Off period
    • Success Fee applies outside 14 days.
    • Dedicated, Experienced Claims Handler from start to finish.
    • Long Established Claims Management Company
    • We've Recovered Over £50 million for UK consumers.