Loss of Pension Rights

At Mathieson Consulting, we are experts in UK pension rights. We can provide an assessment of loss of pension rights for use in legal proceedings and employment tribunals. An individual may have lost pension rights following the actions of others, for example, through unfair dismissal or through an accident (whether at work or otherwise). Our case studies at the bottom of this page showcase real cases in which a Mathieson report has led to a positive financial outcome for our clients. 

In such circumstances, we can place an objective measure on the loss in pension rights that has been incurred, and we can act for both the individual affected or the organisation against which any such claim is made.

Our advice can then serve as a basis for settlement for tribunals or other such proceedings. We have produced over 3,000 reports in our 10+ years of operation, helping thousands of people in their lost pension cases in this period.

Our Service

We have significant experience of both the calculations that are required in respect of such cases, and of the legal or quasi-legal process that these involve. Our reports are reflective of recognised methods and approaches to the valuation of pension losses and are written in a form that is easy to understand.

One of our biggest commitments that we strive for is that our reports are written in plain, easy to understand English. This means our reports aren’t filled with legal jargon and will be easily understood by all parties involved, not just the acting solicitors.

Mis-sold a Pension?

Up to two million people were mis-sold a pension scheme during the “pension mis-selling” scandal of the 1980s/90s. If you are one of these people, we can provide advice in respect of redress for pension losses incurred in these cases.

In these circumstances, the Financial Ombudsman has ruled that the time bar is not to be applied. Such calculations are performed in line with the terms set by the Financial Ombudsman for such cases. If you were mis-sold a pension, a Mathieson report will ensure your case is settled in the most equitable manner.

Mr Person was employed as a supermarket manager. In 2015, when he was aged 50, he was involved in a car accident which unfortunately led to his being unable to work for some months and then only being able to work c. 40–60% of his former hours. On account of receiving a reduced salary—expected to be for the rest of his working life—Mr Person had incurred a loss of pension rights which formed part of his claim against the other driver’s insurer. His solicitor instructed us to prepare an actuarial report to quantify such a loss.

We established that Mr Person was a member of his employer’s defined contribution pension scheme, and has lost pension rights to the extent that salary-related employer contributions are now lower than once they were. We determined that from the accident to the date of calculation, he had lost c. £5,000 of contributions, and we showed that future losses might be £20,000 to £25,000, depending upon the actual hours that he might now be expected to work until retirement.

In our analysis, we showed how such a calculation is performed, with particular reference to the published guidance that is relied upon by Tribunals in such cases. We also drew to the attention of Mr Person and his solicitor the likely points of challenge by the other driver’s insurer and its own expert, being Mr Person’s expected future working plans both before and after the accident, the rate that his pre-accident salary may have increased and allowances to be made for overtime, bonuses etc.