Military pension mis-selling affected thousands of veterans, law firm claims

3,600 military personnel 'duped'

Ayesha Venkataraman
clock • 2 min read

Between 2013 and 2015, thousands in the British Armed Forces allegedly fell prey to “military pension mis-selling,” according to law firm Keller Lenkner UK, which is seeking compensation on behalf of those affected.

Military pensioners were given advice by "unregulated salespeople, advisers and overseas companies, persuading them to transfer their valuable military pension into private, unregulated, and unsuitable schemes," claimed the law firm, resulting in the loss of thousands of pounds, with some even losing their entire pension pot. Most of the advice lacked transparency about the risks and potential losses involved in transferring out of the military pension scheme, it added. Keller Lenkner UK's website claimed the company is "one of the most experienced multi-claimant legal firms in England a...

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