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Teachers Superannuation scheme - bad advice
Hi all,
My wife is due to retire at 60 but has 18 months to go. She took out an AVC policy via an advisor to top up her income for later life. She originally planned to increase the amount paid to the Teachers' scheme, but the advisor claimed it wasn't possible and that a freestanding AVC was the correct option.
It's now clear that it was bad advice and many cases are popping up where people in the same situation seek redress.
Because she's working, it falls to me to start the ball rolling on what options she has. She has the relevant paperwork, but I do not have it. Legal and General are involved, and I can obtain the necessary details.
What is my best starting point?
Thanks
My wife is due to retire at 60 but has 18 months to go. She took out an AVC policy via an advisor to top up her income for later life. She originally planned to increase the amount paid to the Teachers' scheme, but the advisor claimed it wasn't possible and that a freestanding AVC was the correct option.
It's now clear that it was bad advice and many cases are popping up where people in the same situation seek redress.
Because she's working, it falls to me to start the ball rolling on what options she has. She has the relevant paperwork, but I do not have it. Legal and General are involved, and I can obtain the necessary details.
What is my best starting point?
Thanks
