Mirror pension fund

[Tammie]

I have just turned 55 and so able to cash in one of my pension pots. I have had nothing but problems with Friends Life over the last three months in trying to get some answers to what has happened to my fund over the years. The pension was taken out in 2008. Originally my pension pot was with Winterthur and this company passed on my group pension to Friends life in 2012. Then in 2014 it seems my pension (still part of my prev employers group scheme) was put into a mirror fund. As a result of this, the value of my units dropped by three times the value over night. Ever since then the unit value has remained low. Do I have any redress against Friends Life. It is my fault really as I should have checked this before now. They say the reason for all of this is because the pension was put into a mirror fund with Friends Life in 2014.