Welcome to Beat the Banks

Find Us

87 Commercial Street,

Dundee DD1 2AB

Why Transferring Defined Benefit Pension Can Be Bad For Your Financial Wealth

Why Transferring Defined Benefit Pension Can Be Bad For Your Financial Wealth

Occupational Pension Schemes, which are provided by employers for staff, offer a guaranteed income at retirement. They are becoming much rarer these days as employers look to cut costs. These types of schemes are generally costly to administer and require the employer to provide greater contributions to the scheme to support the benefits payable to …

Aviva Making Big Changes

Aviva has announced that it has followed in the footsteps of other insurance giants by setting out plans to split its life and GI (buildings & contents insurance etc) businesses into two distinct parts and separate from the rest of the group. This reverses an earlier decision in 2017 to consolidate both. The two new …

Claims Against The Paraiba Projects Mini Bond

The website of Avacade Future Solutions proudly promoted the Paraiba Projects Mini Bond. The marketing material produced by Paraiba was impressive, despite the fact that in reality it was a high risk, unregulated and illiquid investment. Launched in September 2014, this would be a secured fixed rate three-year bond giving an annual return of 11%. …

FCA Investigates Poor Pension Advice & Pension Scams

In response to a question raised by MP, John Glen, the Economic Secretary to the Treasury has confirmed that the Financial Conduct Authority (FCA) is currently investigating as much as 30 unnamed individuals and firms in respect of poor pension advice and pension scams. Mr Glen also confirmed that in the last five years, the …

Thousands Are in Line for New PPI Payouts

When the first wave of PPI claims were made, many of the banks, building societies and credit providers decided to play hard-ball with claimants. In a large number of instances, they claimed they didn’t have records pertaining to previous transactions, for example. Sad to say, several of these assertions proved to be little more than …

NHS Staff Sold PPI Was A Scandal

During the lending boom, PPI was mis-sold to a huge number of people. It was an add-on product that brought substantial profits to the financial sector but very little in the way of benefits to the customer. Scandalously, it was even aggressively sold to public sector workers, including those in the NHS who already had …

The Lifetime SIPP Company Pension Claims

Originally incorporated in 1989, The Lifetime SIPP Company was to become yet another SIPP provider bedazzled by rapid profit growth, as opposed to applying a stroke of due diligence on introducers and adequately monitoring the dangerous growth within its funds under the investment of unregulated collective investment schemes (UCIS). In April 2018, despite having just …

Pension Claims Against Avacade Limited and Alexandra Associates

Avacade Limited trading as Avacade Investment Options was wound up in November 2015. Both companies introduced pension transfer business to a number of independent financial advisers (IFAs) such as Shah Wealth Management Both companies were unregulated introducers and via a free non-advised pension report, pension holders were induced to transfer their funds into SIPPs and …

The PPI Deadline Is Fast Approaching

People seeking compensation over mis-sold payment protection insurance (PPI) will have to make their claims before 29 August 2019. The final deadline has been set by the Financial Conduct Authority (FCA) in an effort to draw a line under one of the banking industry’s biggest scandals. Millions of people have already been compensated and banks …

The Heat Continues for Firms Involved in Defined Benefit Transfer Advice

During a debate in Parliament on 10 April concerning the subject of the British Steel pension transfer scandal, John Glen, the economic secretary to the Treasury announced that the Financial Conduct Authority (FCA) is making individual assessments into the firms who have been seen to provide a significant amount of defined benefit pension transfer advice. …

Sign up to Beat the Banks Newsletter

I have read and agree to the terms & conditions
  • Mrs C, Glasgow

    “From beginning to end, Beat the Banks have been very efficient. I am very pleased with the service from Jenna and the team. I am highly delighted and I have been recommending all of my friends.”

  • Shona, Dundee

    “Huge thank you to the team. After attempting to claim PPI myself and getting absolutely nowhere, I got Beat the Banks involved and ended up getting  £12,000. What a result. Beat the Banks made it so easy and were committed right to the end.”

  • Mr A McQuillian

    “From previous experience of PPI claim companies, I was a bit dubious if anyone could help me but I thought I would try Beat The Banks. To say I am pleased with the service and conclusion to my claim is an understatement. Beat the banks and my claim handler in particular handled all aspects of the claim from Clydesdale Bank with professionalism, courtesy, and efficiency to secure a positive result on my behalf. I would certainly recommend the services of Beat the Banks to anyone who thinks they have PPI claim, especially with the Clydesdale Bank.”

  • Mrs S, Falkirk

    “I was apprehensive about using a company to claim my PPI as I had previously responded to a “cold call” and was pestered with calls. I heard about Beat The Banks on a local radio station and because they were based in Scotland I felt comfortable approaching them. I have had a very positive experience with Beat The Banks. They are not pushy and answer any queries timeously. All the Agents I have spoken to were knowledgeable, polite and friendly. After the initial information gathering conversation, they understood my needs and just got on with my claim. No hassle. Even when it was clear that my claim was of a relatively low value they processed without delay. I would definitely recommend using Beat The Banks …. they put all the other companies out there to shame.”

  • T & A, Dundee

    “Down entirely to Mike’s hard work, we previously had a successful claim with Clydesdale Bank. Mike was convinced we had more loans with PPI and he was relentless in efforts to recover our paperwork from the bank. Finally, after many attempts, enough records were recovered to submit several claims. We have now received much more compensation, covering loans going back many, many years. If it had not been for Mike and the team at Beat the Banks this would never, ever have happened. Literally, all we did was sign our name and bank the cheque.”

  • Mrs S, Falkirk

    “I was apprehensive about using a company to claim my PPI as I had previously responded to a “cold call” and was pestered with calls. I heard about Beat The Banks on a local radio station and because they were based in Scotland I felt comfortable approaching them. I have had a very positive experience with Beat The Banks. They are not pushy and answer any queries timeously. All the Agents I have spoken to were knowledgeable, polite and friendly. After the initial information gathering conversation, they understood my needs and just got on with my claim. No hassle. Even when it was clear that my claim was of a relatively low value they processed without delay. I would definitely recommend using Beat The Banks …. they put all the other companies out there to shame.”

  • Mr & Mrs M, Shetland

    “We really appreciate the doggedness and professionalism of Jenna and the team at Beat the Banks. This is something we’d never have gotten round to doing and we’re so glad we went through the process with professionals as we’ve now had great results. Only positives have come from the experience.”

  • Mrs S, Falkirk

    “Excellent service so helpful, I received a substantial sum back that I had no idea I was due, thank you again to Beat The Banks especially to Gary who was so helpful and efficient in every way.”

  • Dave & Linda , Dundee

    “We had no paperwork but £52,500 reasons to say thank you, we are now living our Spanish dream! Exceptional service.”

  • Mr S, Dingwall

    “Have just found out I have won all my cases with the bank, going back many years and been awarded compensation of just over £15,000!”

Web Design by: Purple Imp