A staggering £10bn worth of SIPPs may have been incorrectly dealt to hundreds of thousands of British retirees in Spain by dubious financial advisers which has sparked a number of claims. At least 70,000 British pensioners are retired in Spain and the uncertainty surrounding their pensions once Britain exits the European Union has resulted in a flood of claims. If they have been mis-sold badly performing Self-Invested Personal Pensions (SIPPs), with successful claimants looking to receive a average of a £30,000 windfall in compensation. At present the take-up of SIPPs claims is fast ...
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