fbpx

We’re here to get your retirement back on track.

Section 32 Buyout Contracts

The guaranteed financial solution that came with hidden risks too high for cautious investors.

Common problems with Section 32 contracts (also known as Pension Buy-Out Bonds) include:

  • Lower benefits than the previous employer’s pension scheme would have paid (this is often the major complaint and claim).
  • Investors can’t draw benefits ‘early’ (usually 65 for males, 60 for females). 
  • No Tax-Free Cash when benefits start to be taken. 
  • No possibility of a transfer to an alternative pension.

If you are already suffering any one of these problems, or think you may have been mis-sold a Section 32 transfer, call us without delay as strict time limits may apply.

However, it may still be possible to claim compensation if you are already drawing benefits from a Section 32 contract or if you have transferred away to an alternative pension policy.